Re: Third party representative/negot...
in response to
by
posted on
Mar 24, 2012 01:01PM
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%)
I know a lot of people who were buying in the $1.70's all the way up towards $2.75...and they are not pleased whatsoever right now and I cant blame them.
Hey I know someone to to ! Our own insider...
Jul 12/11 |
10 - Acquisition or disposition in the public market |
400 |
$1.810 |
12,250,000 |
Jul 12/11 |
10 - Acquisition or disposition in the public market |
10,600 |
$1.800 |
12,249,600 |
Jul 12/11 |
10 - Acquisition or disposition in the public market |
14,400 |
$1.790 |
12,239,000 |
Jul 12/11 |
10 - Acquisition or disposition in the public market |
12,500 |
$1.770 |
12,224,600 |
Jul 12/11 |
10 - Acquisition or disposition in the public market |
11,700 |
$1.760 |
12,212,100 |
Jul 12/11 |
10 - Acquisition or disposition in the public market |
400 |
$1.758 |
12,200,400 |
Jul 12/11 |
10 - Acquisition or disposition in the public market |
10,000 |
$1.750 |
12,200,000 |
Jun 22/11 |
10 - Acquisition or disposition in the public market |
36,500 |
$2.230 |
12,190,000 |
Jun 3/11 |
10 - Acquisition or disposition in the public market |
5,000 |
$2.090 |
12,153,500 |
Jun 1/11 |
10 - Acquisition or disposition in the public market |
9,500 |
$2.220 |
12,148,500 |
Jun 1/11 |
10 - Acquisition or disposition in the public market |
5,500 |
$2.190 |
12,139,000 |
Jun 1/11 |
10 - Acquisition or disposition in the public market |
20,000 |
$2.180 |
12,133,500 |
Jun 1/11 |
10 - Acquisition or disposition in the public market |
15,000 |
$2.170 |
12,113,500 |
Jun 1/11 |
10 - Acquisition or disposition in the public market |
6,500 |
$2.140 |
12,098,500 |
Jun 1/11 |
10 - Acquisition or disposition in the public market |
2,000 |
$2.130 |
12,092,000 |
May 9/11 |
10 - Acquisition or disposition in the public market |
9,500 |
$2.310 |
12,090,000 |
May 9/11 |
10 - Acquisition or disposition in the public market |
10,000 |
$2.120 |
12,080,500 |
May 6/11 |
10 - Acquisition or disposition in the public market |
10,000 |
$2.020 |
12,070,500 |
May 5/11 |
10 - Acquisition or disposition in the public market |
15,000 |
$2.050 |
12,060,500 |
May 5/11 |
10 - Acquisition or disposition in the public market |
10,000 |
$2.030 |
12,045,500 |
Apr 27/11 |
10 - Acquisition or disposition in the public market |
35,500 |
$2.360 |
12,035,500 |
Apr 26/11 |
10 - Acquisition or disposition in the public market |
15,700 |
$2.440 |
12,000,000 |
Apr 26/11 |
10 - Acquisition or disposition in the public market |
7,900 |
$2.430 |
11,984,300 |
Apr 19/11 |
10 - Acquisition or disposition in the public market |
15,000 |
$2.290 |
11,976,400 |
Apr 18/11 |
10 - Acquisition or disposition in the public market |
11,400 |
$2.270 |
11,961,400 |
Apr 11/11 |
10 - Acquisition or disposition in the public market |
300 |
$2.640 |
11,950,000 |
Apr 11/11 |
10 - Acquisition or disposition in the public market |
6,700 |
$2.610 |
11,949,700 |
Even Ernesto gladly bought on the open market at $1.60, putting in 2.7 million in 4 days even if he owned 197 million shares at that time
Aug 8/11 |
10 - Acquisition or disposition in the public market |
500,000 |
$1.376 |
198,933,411 |
Jul 18/11 |
10 - Acquisition or disposition in the public market |
352,300 |
$1.464 |
198,433,411 |
Jul 15/11 |
10 - Acquisition or disposition in the public market |
724,600 |
$1.560 |
198,081,111 |
Jul 14/11 |
10 - Acquisition or disposition in the public market |
20,000 |
$1.600 |
197,356,511 |
Jul 13/11 |
226,800 |
$1.600 |
197,336,511 |
And regarding this comment:
Then you think about the risk, what happens is that nobody wants us? what happens if they didn't like the FS and the mine plan was not satisfactory to what they want?
Just look at the copper stock level, think 5-10-15 years from now, look at the current deals going on, companies fighting over for much inferior projects in every sense, like this one below:
http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=145579&sn=Detail&pid=102055
Mitsubishi outbid fellow Japanese firms to buy an 18% stake in the Quellaveco copper project in Peru - in a deal estimated between $760 million and $890 million
And as for the whole drifing to 80 cents thing..I hope so, but with everything that's coming I don't think so.
When is the last time we even touched that number ??
Seemed to be a infinite number of buyers at these prices and a lack of sellers. Even moday on the disapointing news we didn't break 99 cents and we closed green yesterday.
Yes summer is coming and things will slow down for all the other stocks you may own.
But will if for CUU ?
If you chose to believe management this time and think that the new RE is coming shortly, combined with the FS...and if you think a suprise buyout could happen at any moment from today up to the end of summer...
Well the choice is yours.
As for me, my invested time won't go to waste, not this close.