Re: commodity set back - I see by my score some don't like
posted on
Apr 15, 2013 02:06PM
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%)
If you are that worried, you should call Elmer directly and ask all those questions...
Maybe we need to ask what does CUU gain by officially confirming the TECK clock? Nothing, IMO, because the only way out for them is a buyout and any SP apreciation would only benefit the traders.
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This is what they have to gain:
- clarity with their own shareholders on a crucially important item
- very likely SP gain which helps our side in buyout talks not just day traders
If their news releases have been ambigious about an important item, is a written response to clarify it so unreasonable?
A phone call doesn't hold water and maybe that's why the info flows freely verbally but never in an email or NR.
I am trying to do what I can to de-risk my investment, not trying to offend anyone.