Re: JV Meeting
in response to
by
posted on
Oct 24, 2014 02:39PM
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%)
Hi All!
If I were Ernesto who unlike most of us waiting here didn't need to cash out "soooon", (he has plenty of money to live on", I would be more than happy to wait until Shaft Creek became a dividend producing mine.
Golfyeti, there is the fourth option of holding on for dividends. Personally I would be just as happy to receive dividends for my 200k shares for the rest of my life. What is the projected dividend per share and what multiple could we expect in SP if that valuation was used?
I am 62 and originally wanted the "Big Payoff" "soooon" but am having to reassess my position to maintain my sanity.
In til the end,
Mark