Re: Starting to lose faith
in response to
by
posted on
Mar 18, 2013 04:12PM
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 have been asked by my family not to put any more money into CUU as they have become suspicious of CUU over the past year, what with no real news, missed deadlines and share price dropping to the point I'm 40% underwater. I hope CUU come through, but I'm not holding my breath any more, and with each day I lose more faith in them. They need to wake up and throw the shareholders a bone of some sort. MTS
Sorry but no real news?
CUU completed a Feasibility Study and delivered it to Teck.
They have drilled outside of the Paramount Zone and Liard zones and shown mineralization.
Insiders has shown continuous confidence in the company by either buying on the public market or providing liquidity to the company.
Like I said before, if we closed at $1.50 today. Everyone would be jumping for joy on waiting to see what Teck wants. But the venture has been sucking for a very very long time and so has our SP.
But how many share did it take for us to fall down to 73 cents? 5 million shares? Remember, it doesn't that just as much for the SP to run back up over a dollar. We all have seen it.