Re: My thoughts/opinions on why CUU is down
in response to
by
posted on
Aug 20, 2014 10:27AM
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%)
"There are other oppourtunities out there rather than waiting it out here." Couldn't agree more! I have watched some great companies skyrocket in the energy sector (international), but didn't want to pull the trigger in fear of missing out here...murphy's law.
I haven't posted in a while but been lingering in the shadows reading every post. Other than the Jr. Mining sector is in shambles, CUU still has a number of catalysts before a production decision is made (big catalyst). We have Teck's optimization, enviro, and who knows what else...
Question to the board...does anyone have a rough time frame as to when Teck may have the optimization study completed? Also, if they complete it, will they release the info to CUU shortly after?
Cheers,
911