Re: JV Meeting
posted on
Oct 26, 2014 12:56PM
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%)
If you want regular company updates, with clear plans for the next few years, not much ucertainty then you should invest in blue chips, but you should also forget about doubling your money overnight in those companies, that just does not happen.
Of course the converse to that is you are not likely to be down 90% if you are holding a blue-chip stock.