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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: Expiration of warrants - Echavarria, Ernesto

That doesn't make any sense. Why would EE exercise options at $1.50 when he could buy on the open market at $1.08 if he wanted to? The expired options have nothing to do with EE having "enough" shares.

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Oct 25, 2012 08:40AM
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