Re: It doesn't make sense
in response to
by
posted on
Nov 13, 2014 04:16PM
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%)
How many stocks in the mining industry on the venture are any where near where they where,ya we hit 2.70 but almost every other stock was flying back then coupled with no production/ buyout news the market does not care about anything else till then we will drift like any other on the venture.
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You are right - many stocks are in the toilet.
But they were not pumped with the voracity that this one was. I don't think they had the promise we had either. We were not considered as high risk I believe.
Why so much chat on this specific stock (both positive/negative)?
I think that is the point.