Re: Investors/Gordy
in response to
by
posted on
Dec 10, 2012 12:27PM
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%)
I'm losing my a** in other TSX stocks (Baja one), and I am hoping to recoup some of my losses with CUU. Nobody is ever 100% correct, at least not me anyway, so some of my problem is maybe staying until the end on almost everything..........good or bad. I am convinced thru my DD that if I wait long enough CUU will pay off. I thought that with Baja too, but until they stated their BFS was lacking enough capex/cost over-run facilities, I decided to bail long before it reached what it is now & put the funds into CUU.Baja may come back in time, but it now is only a 49% minority owner. If I am fooled by the CUU BOD, or the BFS isn't what all expect & SP plunges, well, that life investing in Venture stocks. Everyone invests in their own way, and my funds for CUU are limited to only a % of my portfolio due to its speculative nature. BUT, although one can lose, spec. stocks return one heck of a bang for your buck if you are lucky to be right..............i feel CUU is one I am right on & will hold till the end. Force Protection offered an opportunity like this, when it went from $.088 to over $30. Black Swan event ??????? Call it what you want, I was one happy investor. Yep in it till the end ! GLTA