Re: Buy-out Price
in response to
by
posted on
Dec 29, 2012 01:19PM
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 pretty much agree with that sequence of events
What is your guess as to share price behaviour in the interim
Surely as soon as they indicate they are backing in, and I agree they would be nuts not to, the share price will stop being restained by continued uncertainty
A circumstance that I had seriously hoped would be triggered by the BFS announcement
It is amazing how many obstacles keep turning up here...