Re: Elmer - Exercise of options
in response to
by
posted on
Jul 13, 2014 05:56PM
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%)
I won't be playing any more penny stocks after this. a good strategy for me would be to put a large chunk into TCK with the expectation of a double within 5 yrs., maybe sooner. 3 1/2% div and 20% cap gain per yr. and guard against getting stuck in the following resource downturn.
5 months ago I spotted an opportunity for a quick gain in Osisco, made 50%, was so hungry for a winner after sitting here so long, I sold too soon and left a pile on the table. at least it was a gain.....C