Re: Weekend poll: What's your high/low purchase price?
in response to
by
posted on
Feb 04, 2012 10:04AM
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%)
Lowest buy was when I first found the story at 72 cents. Got some more at $1.50 from selling other things. Bought a whole lot more (more than double my initial position) after the US got downgraded from 1.35-1.45 thinking it couldn't go lower and was a great time to buy when everyone was panic selling. Good to see it at 1.54 knowing every share is at a profit. Can`t wait to see this story play out. Need to start looking for the next Fox though. I wouldn`t mind seeing a spinco knowing what the area has in store and managements long-term capabilities (their meeting deadlines ability however are rather poor).