Re: OK SHOW ME THE MONEY and
in response to
by
posted on
Nov 26, 2014 03:25PM
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%)
To expand on this.
It is completely normal to be "pumpers" in this company. Why? It's because I'm a shareholder. I see the value in it and I want others to see it as well. Of course I see the negatives but don't blame me if I get a little giddy over something positive from the company. I like positive news from this company is so I can profit from it as a shareholder.
That being said, if I distort information saying CUU will be bought out for hundred of dollars!!! then of course I'm being unrealistic and I'm "pumping".
That article simply states this about Carmax. They are in the Golden Triangle area. They have 100 million tonnes of resources. They recently have a new parter in CUU in the company with EE as a financial backer (EE participated in the PP). Author compared the works that CUU has put into SC and was able to negotiate a JV with Teck. That's the potential! The people involved has enough experience to know what it takes to bring it into a bigger asset.
As a shareholder of CUU who owns Carmax, I'm all for this exposure and potential of profiting from it.
I don't know what's the big fuss is about Carmax when we bought in for very small amount and we may have potential to profit?