Re: Starting to lose faith
in response to
by
posted on
Mar 19, 2013 12:11PM
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 would say CUU is not an appropriate investment for an retiree on fix income?..."
Depends on one's tolerance for risk coupled with degree of exposure. Conventional wisdom says that retirees put their money in so-called "safe" investments, to which I say "b*ll*cks to that"! I'm a retiree and, yes, I'm anxious but no more so than the average retail investor. I didn't copy/paste the second part of your message but ask that you avoid making critical comments about other forum members.
Thanks, wn