Re: My valuation
in response to
by
posted on
Nov 21, 2011 12:24PM
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%)
Hi Webgogs (and all),
From what I have read, it seems almost impossible to put an accurate price on cuu assets. Valuation go from 3.25 to 16$. Seems that it will be all up to EE and ES and their power of negociations. I have also noticed that we have very informed and smart people on this board, with experience in dealing with juniors. Do you think it would give us a good idea of a possible buy-out price if we were to use the average or median of all these valuations? If they buy in pieces, how would this work? Do we have to hold on to our shares for x amount of time?
Thanks alot
Pat