Re: Investing 101
in response to
by
posted on
Jan 17, 2013 12:11PM
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 don't think the final buyout price is as important to them as a deal to take all of their shares
..that is crucial, lest they remain buried
They cannot sell into the market with that quantity of shares
That could be used against us