Re: PP - depressing
in response to
by
posted on
Jan 16, 2013 09:32PM
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%)
Mudguy? You mean the guy that sold over a year ago at $1.15? Ha what a fool. Wait a minute...
All depends what you do with it. I'll use Mudguy as an example, I hear he put it in BAJ in the 30's and 40's, sold at a loss. Then bought CCY in the 20's...(5-6 cents today) Now he's stuck in the red in companies with no volatility.
In this case he tried to make a better choice, but as of now, he didn't...
In the meantime if something happens with CUU in the next couple months, Mudguy will have missed out and still be stuck.
You can be stuck in CUU, but still make big money buying in the 60's last week (on credit or cash)..as we wait.