Re: Buy-out Price
posted on
Dec 29, 2012 09:43AM
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 am not sure why you feel you have to lie about this. You said a conservative $7 during the pool.
Hey nice find Brof, but can you keep looking because I just have way to many posts and it would take me hours to go back and look (seems you have time).
I remember correcting my price later on and many here will confirm my $4-$5 expectations.
I do think we're worth at least $7, butI think we'll get between $4 and $5.