Re: Quadra FNX takeover
in response to
by
posted on
Dec 06, 2011 11:08AM
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%)
Do you think that Elmer and Ernesto would be happy with 41% of the 20 day average? Maybe current stock price does matter?
No is does not matter....some should read sirmoz's minority discout post:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30428138&l=0&r=0&s=CUU&t=LIST