Re: commodity set back - I see by my score some don't like
in response to
by
posted on
Apr 15, 2013 07:54PM
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 called them and talked to Mike and Elmer (a few times, back as far as November 2011) as well as face to face at last years AGM with Elmer.
What I seem to having trouble getting across is that I have been told things over the phone that were not nessesarily lies, but, how can I say this nicely - I was unintentionally misled?
Things like the BFS coming soon (over a year later), negative copper production costs, when BFS delivered to Teck (early January - said next week, actually was on last possible day in February), etc.
Some here have a strong trust in management, and that is OK - I'm not trying to convince them it is not. But I don't share that faith and have nagging concerns that I would like answered by email or some other written method. It isn't like management has built a good track record with keeping on target with what they say verbally - so I am trying to pin down some answers (even just one). Am I asking for a specific news release to state what many here seem to think is already obvious - no. An answer to the question from Elmer to anyone's email or some clarity tacked onto another NR like the recent PP or Arizona ones would be fantastic!
I personally have made many assumptions along the way with this investment and each time I trusted the company to do what I expected them to I was thrown a curve ball.
Now I want some real answers now before June 4th, not after the 120 days is done and we are dealing with another (possible) curve ball.
What I want and what I get may not be the same thing, but I can try. The more people that ask for this clarification in writing will put some pressure for an definative answer...