Re: Lower Expectations
in response to
by
posted on
Jan 25, 2013 10:24AM
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%)
But, a double for you is a loss for others. I hope EE doesn't take this stance. $1.40 is probably a 3-5 bagger for him. Some have upwards of $2.70 a share.
Maybe we all will know in another week? If not, hopefully the Teck clock will be ticking !