Re: Let's state the obvious......
in response to
by
posted on
Nov 21, 2011 10:51AM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
I am intisapating that the drill cores to come in will be mind blowing.They were able to place the drills in key locations, the Titans pretty much gave them a good indication where to drill.
For me their are many charts that can raise and lower the same stock and the economics of the day. I see that this mine can potentially get better and better for lengthing the years of the mine life and grade levels.
Elmer might not want to sell our portion right away, the drill results could? want Elmer to hold tight for a few months to get more drills turning in out property. Now I am sepculating on the price...but With the location of BXX and Elmers expertis......Im bettin that this story is not yet over. We have a few chapters left of this story and we might have to wait awhile. Then the 10-15 bucks will come out...still just my opinon. Now the 10 to 15 bucks sounds so much better than the 1.50 that the nay sayers are saying.