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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%)

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Message: Re: For and Against (Verbose)
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Jul 21, 2012 02:15AM

Jul 21, 2012 08:03AM
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Jul 21, 2012 09:29AM
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Jul 21, 2012 09:51AM

Jul 21, 2012 10:01AM

Dilution is key for a lot of comapnies...but when you have something the size of Schaft Creek it isnt near as big a factor. However we still have to divide the total buyout that many ways...thats the point Im making with the dilution. Even with 600 million shares out Schaft creek would pay nicely here.

If we had more conservative dilution I could believe one of these higher buyout figures, however I just dont see it with 400 million shares out.

I hope Im wrong though..

Rogue,

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Jul 21, 2012 11:25AM
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Jul 21, 2012 11:36AM
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Jul 21, 2012 12:12PM
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Jul 21, 2012 02:10PM
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