Re: Compare....we are in a good position
posted on
Nov 29, 2011 11:59PM
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%)
Golfyeti I think you are on the right track. I talked to a few financial advisers and managers and according to them analysts will be hesistant to touch CUU, because of the huge insider ownership that basically nullifies their mumbo-jumbo predictions. How can analysts possibly do their magic if the insiders, owning 64% of the junior venture exploration company, call the shots? I think analysts are staying away from CUU because they really cannot predict where the price is going to end up because insides will not liley share that info with them. Do they really want to ruin their reputations by guessing the wrong way? With such a huge insider ownership any attempt at standard stock analysis is a real shot in the dark.