Re: Investing 101
in response to
by
posted on
Jan 17, 2013 09:36AM
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%)
What you are missing is that options are not the same thing as warrants. They do not add cash to the company’s’ coffers when they are exercised. It is an incentive plan to align managements interests with that of shareholders (we can argue that though). It is also the nature of the beast that is the Venture exchange.