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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: Summer
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Aug 09, 2012 02:06PM
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Aug 09, 2012 03:15PM

This article about gold prices in 2011 said that gold hit its peak in late summer of 2011 when it rose to $1900: "having peaked in late summer 2011 at over $1900 per ounce."

(It's a random article, I just wanted that quote: http://emergingmoney.com/etfs/gold-mining-etfs-gdx-gdxj-nugt-dust/)

Then I checked and gold crossed the $1900 mark on August 22, 2011 after hours, and rose a bit more to $1917 the next morning before dropping back a bit.

Therefore, I am going to persist in believing that the end of August is late summer. (They didn't say end of summer, but late summer. Also Teck is paying off their notes on August 29th, which may not have anything to do with us.)

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