Re: Insider investment
in response to
by
posted on
Jun 27, 2013 04:43PM
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%)
So MES, clearly by making that statement you are indicating to us that Elmer is a poor investor right?
I don't really care about the answer anyways, because it is irreleveant...but you made the statement. Elmer is a geologist, and clearly a good one, very well repsected in the industry, he bought those options because he knew the future value, and the pounds in the ground. He is not a stock trader, nor an expert in stock markets, and the direction that the economy can go year over year. Let's not forget these guys will probably prove you wrong, your forgetting they have a pretty good idea of the end game, we are speculating...thats why they are blacked out!!!
Economists have a hard enough time doing that, let alone a Geologist...give me a break.
My average isnt far off where we are today, but I told my parents to buy at $2.00 plus, and I am a financial advisor...shame on me. I should have known what manipulation, and a faulterring economy was going to do...everyone else did right?
Legger (fantastic mr fox)