Re: BFS weekly expectations.
in response to
by
posted on
Nov 03, 2012 07:07PM
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%)
"Remember D. MacDonald acquired all those +$2 shares sometime ago before the BFS results became apparent. DM is not an insider and would not be privy to BFS results. He, like the rest of us, was still basing his purchases on public info and hope. As I recall, I even purchased some during that period when there was a lot of hype...."
We all know how long the BFS has been delayed. Yet David MacDonald has bought shares on the public market fourteen times since March of this year alone, the most recent being just a couple of weeks ago. I didn't bother checking back any further than March.
Maybe you think he's just averaging down to reduce his loss? Please let us know if you think that's the case.