Re: PDAC March 3 ? YN
in response to
by
posted on
Mar 03, 2013 07:19PM
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%)
"At the end of the day, if $2 is it, then give me my money ASAP. I want to cash out"
I agree 100%. For those that want to stay, I am sure there will be ways to move onward, whether it be thru shares of Teck or CUU2. I, like some others I am sure, am not prepared to wait this out another 1, 2 maybe 3 years or longer? If Teck does decline and "walk", I agree that the shareprice will be maybe considerbly less than it is now, and we will have to wait for CUU & ES to prepare another "package" of improved resources as a result of continued drilling. Would that mean another BFS also?
I hope the next 3 days of the PDAC sounds more promising than today. Maybe other viewpoints will confirm those of Mantical, and then maybe not. I look forward to any other comments from the show. tia