Where are Chappy, Vette, Webgogs, Prospect?
posted on
Sep 25, 2013 11:49AM
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%)
Those 4 were valued posters here. Have they sold their positions and moved on or are they lurking around still, but not posting because nothing new to say until the drill results come out in the next month or 2?
I still am here, painfully to say the least, but I like to look at the positives on the table.
Tech backed in 75%, the maximum allowed under the agreement. They must view us as a valuable asset. They could have backed in 20%, 40% or not at all.
Secondly, we were paid a small dividend by management. They understand our frustration that this has taken so long, and I am sure they feel this should have ended sooner than later. They didnt have to give us anything, but they did.
We can't change time. We are in a crappy junior market right now, probably the worst it has ever been, excluding the 2009 collapse which only lasted 6 months or so. The junior market has been in a constant downturn since April 2011. But things will turn around. I dont know when, but it definitely will. The venture exchange is trading at about 940. The highest it ever was I think was about 2700. I believe we will get back there in next few years.. To be a successful trader or investor in stock market, we have to buy the fear and sell the greed. Hard to do though...
Patience is the key, and I keep telling myself that everday and that is what keeps me going. I know the day I sell, the next day we will be bought out. So I am doing nothing at all, just sitting idly and not selling....