Re: 2 bucks again?
in response to
by
posted on
Feb 22, 2012 05:40PM
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%)
lol well it could be in the $2 range if you only give .10 a pound of copper and forget the gold, silver, etc. If you also forget the what the next RE will bring out and what the drilling is showing in terms of the size of the project.
If we sold in the $2 range I'm sure management will never be able to live it down selling out so cheap.