Re: This week?
in response to
by
posted on
Nov 19, 2012 01:35PM
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%)
Elmer's running around like a Princess at the Ball flirting with so and so while we are refused the BFS. I don't see any reason why it would impact negotiations at this point since all the data was donwloaded by Teck who probably has already completed their internal numbers on it.
Let the company come out and correct me if I'm wrong. I've run out of spin. So I am not the only one who is doing programmed selling. I expect some people already clued into that. It may only be 10k-30k a day and increasing until it impacts the sp but then it will be held at that level until everyone who wants to lighten the load has done so. I think it will take until the end of Jan based on what some guys hold. So even if someone buys a big chunk it will be driven back down. The sp will basically be stuck around this level right to the end. Blame the company. Not the share holders.