While we wait
posted on
Feb 18, 2012 11:50AM
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%)
Feb 18th
* Eurozone leaders upbeat as Greek debt swap begins
* China cuts bank reserve ratio to spur growth
* Copper was lower this week...another 4-6% and we will reach the 50% Fibonacci retracement (on the 5 month move)
I'm surprised we aren't seeing more speculation as to why we got capped, much more obvious during the last 2 days......
Date | Open | High | Low | Close | Volume | Chg | % Chg |
02/17/2012 | 1.390 | 1.410 | 1.370 | 1.400 | 245,709 | 0.000 | 0.00% |
02/16/2012 | 1.400 | 1.430 | 1.380 | 1.400 | 382,965 | 0.000 | 0.00% |
02/15/2012 | 1.390 | 1.400 | 1.370 | 1.400 | 239,667 | 0.020 | 1.45% |
02/14/2012 | 1.410 | 1.410 | 1.360 | 1.380 | 204,557 | 0.000 | 0.00% |
02/13/2012 | 1.430 | 1.450 | 1.380 | 1.380 | 386,565 | -0.020 | -1.43% |
02/10/2012 | 1.420 | 1.430 | 1.390 | 1.400 | 345,298 | -0.040 | -2.78% |