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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%)

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Message: Re: Dumb Bum Numbers
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Dec 19, 2014 10:01AM
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Dec 19, 2014 11:00AM

Yes, .03 = $40,000,000.00

The "dumb bum number" label came from this post by dsikorsk.

"So far I think Hoghead's valuation of VD and SC was the most realistic one on here even if most of you think he was pulling numbers out of his bum."

I happen to agree they were pulled out of someone's bum, there certainly was no research or DD or thought put into coming up with them. A simple search on google shows buyouts and what they were worth to the shareholders of bought companies.

How about a little due diligence instead of posting 'dumb bum numbers' that are so utterly worthless to us all?

ttfn

nopoo2

Rick Mills

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