Re: Dollar down below 88 cents
in response to
by
posted on
Nov 04, 2014 06:24PM
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%)
"you cannot use retail prices for fuel .majors would bid on contracts in my opinon"
This Is what dsikorsk Is talking aboutin his last post I simply pointed out that the price has dropped less than 10% not the 25% claimed and people jump all over it where is the evidence of that 25% drop. i understand they probably get wholesale pricing but they would have had that advantage when the BFS was calculated but the ratio of drop would be consistent between retail and wholesale within a few % points but very highly unlikely if retail sees a less than 10% decrease i wouldn't imagine wholesale all of a sudden got 25% off.
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