CF & Newmont ?

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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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sydneyb

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CF & Newmont ?

posted on Sep 15, 2012 10:02AM

Thanks to GS...Now I remember why I'm in CUU up to My Armpits.

I had Shares in a Co. called Miramar (4+ Years ago). Felt at the time that Newmont was buying us out for a Song! Made about 20% on them if I'm correct.......

Now going back & reading the Newmont Homepage, I see they are in "Care & Maint." at Hope Bay while they do Env. & Economic Assessments.....This is 4 Years worth of NADA IMO.

Someone Screwed up at NM/ & or Miramar ???

Three Cheers for ES & Co. for their Diligence & Thoroughness!!

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