Re: New buy out / back in pool
in response to
by
posted on
Mar 17, 2013 03:09PM
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%)
May 27th, buyout @ $2.45 cash and Teck shares. CUU 2 JV. worth .50/share after a 10/1 reverse split.
To me, this topic is as relevant as all the other speculation, and maybe a little more fun..chunky