Re: So some things got approved.
posted on
May 06, 2012 08:16AM
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%)
What do you mean when you say, "restore RE level". Why are you talking about selling off? Why would, "large money piling in" burn the company? How can this not be good for the share price? Most of your last para confuses me. Appreciate clarification.
Chili8..did you just create your account today...
Below is Web's original msg. Looks pretty clear to me. He was saying that the sp was going to move up, some would want to sell and take profit but could get burned because big money was buying....That's pretty much what happened.
As far as the RE level...we are talking about $2.15.
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/530777-so-some-things-got-approved/messages/1678470#message
Web's post:
So some things got approved.
The RE is on track and bigger than expected. Power has been contracted out and it looks like a green light at the Fed level backed by the Prov who really need this. The Pine Beetle report is fanning the flames for jobs. The bridge construction is approved for measures that will keep them in place when the rivers expand to 400% of seasonal highs and more survey trucks were seen headed that way. The FS will come faster than expected and contains info that will ease peoples minds about the economics and something else is brewing with the FS. We might just barely meet the bar to include silver without any further fuss as Red Chris got thiers on weaker evidence. I'm expecting an announcement for concentrate contracts before we get bought out. There should be expressions of interest from ... . Last is the letter of understanding that has taken months to work out. If anything lights a fire under us this will be it.
Tomorrow should restore the RE level. The question is do they sell off and if so how deep. The next question to ask is do they get burned as large money piles on. Assurances have been given at the US presentation and new houses are on the buy. When you combine our followers and the new blood the RE echo gets interesting.