Re: New Corporate Presentation: April addition
posted on
Apr 29, 2014 03:18PM
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%)
In regards to how much 'skin in the game' Elmer has, the following was posted by Brundall at another board:
I also went through all of Elmer's purchases and sales over the years....and the results may surprise everyone.
Elmer purchased 1,789,000 shares at a cost of $476,995
Elmer sold 373,000 shares for $263,930
Grand total of 1,416,000 shares remaining at a cost of $213,065
Elmer's averages cost is therefore $0.1505
There are people on this board with more skin in the game than Elmer........and he has a significantly lower acb than Ernesto does (-25%)