Listen up
posted on
Dec 11, 2012 05:28PM
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 is so close many here don't even realise it. We're talking days here.
Everything is finished, insiders are blacked and we're waiting for Teck. Teck could possibly be waiting for someone else. But something is coming. The mood at the office is wayyy to good and positive (call).
Just call the office. I spoke to Mike today and he's never been in such a good mood, laughing etc. Couldn't get much but you sense that this is the end. (in a good way)
I don't think it's in CUU's hands and I think everything is ready and they're just waiting for the ok.
As for today get a real feel of what happened today:
1) Volume: the TSX volumne is super low. in fact the sold volunme today was 85% 1 guy (RBC) who must be forced to sell for various reason (personal, margin call, bad timing on a move etc..)
Walls like this will just cause fearfull retail investors to get scared out of their shares, don't.
Just look at the volume and..
2) The short position is almost at zero
Hold on tight.