Re: Share price - Vette and al.
in response to
by
posted on
Mar 27, 2013 11:00AM
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%)
It reinforces the core. Sellers become buyers, creates support. And the ones buying at these prices are not here to sell lower.
Once the ask dries up, they then drive it up and those who sold buy back, pusing it even higher.