Re: Questions for CUU
posted on
Dec 10, 2012 03:58PM
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%)
"BigMac, you convinietly left out the *** attached to that 46%, which is explained further down as "expressed as % premium over share price one month prior to announcement"
CUU could easily drop the BFS tomorrow, SP shoots up to $3 then a month later TECK offers the 46% and here we are at $4.50 or 450% from today's prices. Your post is one more reason for me to not trust anything you have to say."
I didnt leave anything out, I attached the whole report and it was in response to your earlier posting about what mining premiums were paid. Also. I didnt comment how it might apply to CUU. for some reason you seems to think I'm a basher when I'm a shareholder also looking for a return on my purchase.