Re: Timeframes/Sentiment
in response to
by
posted on
Jul 23, 2013 12:35AM
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%)
Good points Vette. Another catalyst people don't see coming is the drastic plunge in the US dollar we are going to see very soon due to ongoing QE. We are going to see a huge upmove in Gold and Silver to coinside with this plunge in the US dollar. Imo, this will be happening very soon (end of summer) and this will take Gold over $2000 and Silver over $70 by the end of the year/early next year. If that happens you can bet that the junior resource stocks will explode upwards in value. Guess what we have lots of? The timing of this could be very favourable as Cuu comes out with assay results for the East zone toward the end of the year.