Re: Lawrence Roulston: What’s Next in the Resource Market?

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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cuuvette350

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Re: Lawrence Roulston: What’s Next in the Resource Market?

in response to

Lawrence Roulston: What’s Next in the Resource Market?

cuuvette350

posted on Nov 04, 2012 11:18AM

Vette that was awesome. One question I have is what he meant by the average takeover is 46% premium to value? Thanks in advance ... Kodi

He's talking about the average premium paid last year. Notice when he's talking about Inter Citic, he says they received a takeover over 100%+. But you'll notice that the 1st big jump in share price came on rumors of a takeover (we should also get this). If forces need to run up the price...they will (just like they did to GWY)

Let's remember that none of the 46% premium takeovers had over 60% insider ownership.

We're a different animal: Final Feaisbility stage, forced back in decision, financing to production, 4 year clause, 4x expenditures, port reserved, massive potential, 4 metals, negative cost, Canada......

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