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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%)

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Message: North American Miners Receive Bump As...

... European Union Summit Falters

December 7, 2011 by prospectingjournal

ANALYSIS – ProspectingJournal.com – At this week’s European Union summit, the reaction upon Germany’s rejecting further injections into the region’s current bailout were swift, as European stocks tumbled at the mere mention of holding back.

This pull back plus recent North American downswings have left investors with a field of bargains to choose from in the aftermath. But among the sour news, those embedded in the metals sector are seeing hopeful signs on the horizon, with commodities like copper once again strengthening, and the fact that more stimulus has yet to hit the market from the European central banks in question. It’s at these low points that a strong move can emerge.

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(This link provided by agoracom in their header stuff which gets in the way of messages most of the time - occasionally something worthwhile turns up like this. I don't think it has been posted yet - wn)

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