Re: Compare....we are in a good position
in response to
by
posted on
Nov 29, 2011 11:42AM
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 agree that 100% of shaft creek is better than 25%. I'm just thinking from a logical standpoint, that if teck backing in is the catalyst for a near term share price increase, then teck not backing in is the catalyst for a share price decline''
No, no, no, from a logical standpoint that I can demonstrate with Numbers! All scenario's (Teck back in 0% 20%, 40%, 75%, takeout) are catalyst for a share price explosion UP !
Insiders will buy the crap out of it, so will the big players.
Good luck with that lol..