Re: PGM example
in response to
by
posted on
Dec 04, 2012 02:33PM
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%)
This example has always stuck with me as one of my better investment opportunities and paid me 4 fold for my patience. The other take home detail that I gained from PGM that parallels to CUU is the extreme quiet. The SP in no way (other than the downward pressure weeks prior), reflected any kind of positive leak. My point is that they were able to keep it hush-hush. So when people ahve commented on the downward spiral of CUU's SP...bla...bla... and why there is no upward movement...bla.bla....and "something must be wrong....bla bla......., I always remember PGM and smile !
Ldubs