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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%)

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Message: Re: Mining Deals pick up in 2013..
3
Feb 28, 2013 01:18PM

Good video... thanks Riptor. One of the questions posed to the panel was something like "what will kickstart the mining market".

For Jr's, I think one or two big takeouts of Jr's by any of the majour miners will put a floor in the downtrend we are in today and start people thinking about the valuations of these Jrs and the dwindling supply of new, good projects in the face of the pace of metals consumption and rising metals prices.

At some point, the jr's will cross that point where they are too good to pass up and the need to scoop them up before someone else does. The big war chests of cash with some of these majours means they have the ammo, they just need to start shooting and an all-out battle might break out. jmho

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