CUU has 11.5 million in working capital. 7 million in cash, and I would expect 3.5 million in short term investments such as, banker's acceptances or 30-60 etc. t bills. no one with any smarts leaves large ammounts of money in bank accts. that earn nothing. in fact, bank interest doesn't even earn enough to off set the loss of purchasing power due to inflation, and it's fully taxable at your highest rate.

I meant to reply to youngmoney's post yesterday re. this, but wasn't feeling well and just let it go.

I have never been a fan of the Arizona properties, but after doing a little more reading, I've come to regard them as having the possibility of having high value. getting them as cheap as they did is another example of the terrible state of the recent resource mkt. and our having a savvy management team that recognized the possible value.

I hope someone in Toronto can go to the show and report back to us....best to all....chunky