Re: playing nice
in response to
by
posted on
Aug 05, 2012 06:32PM
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%)
There are so many factors that influence each of our approaches to this. if you're young you may see a long and profitable association with with Elmer, just like some racehorse fans follow and bet a jockey.
Some of you are buying BXX because it's Elmers, where as I don't see a lot of present value in its diverse holdings and, often very thin trading. same with the Arizona properties, at the moment they're not worth anything to me.. not saying at some future time they can't be worth a lot, just not now, to me.
It's all right to be mister nice guy, to a point, but the name of the game is make money, and another large miner just may hold TCKs feet to the fire and make them pay up. with the gold and silver we have it wouldn't be confined to a copper miner either.
We are constantly discussing price here. it may be the easiest way to determine the best price by having two well heeled cos. go head to head to find the maximum one will pay.
Personally I'm older, and have no intention of following anyone around, but would rather assess each opportunity, as they present themselves, and take them to a conclusion. falling in love with anything in the stockmarket is very dangerous........chunky