Re: Insider transaction information sourced from SEDI®
in response to
by
posted on
Feb 05, 2015 11:54AM
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%)
It's called "beating a dead horse" Prospect.
I guess you are right, there is very little else to do while we wait. I choose not to constantly look backwards while ranting and raging though because it doesn't get my money back. It is futile and in the end not even very satisfying.
We seem to have a disconnect with the market and with the expectations of the BC economy. Copper has been rising lately because China is manipulating their economy to provoke more growth. I was reading yesterday that the big hedge funds in China that have been shorting copper, back in January, are starting to retreat from that position.
At the same time there is this article on the Port of Stewart that is supposed to be the hub for all those mining projects that Christy Clark is promoting. The infrastructure has been built, the NTL is ready, the port is ready. They are just waiting on the mines. --http://www.cbc.ca/news/canada/british-columbia/stewart-world-port-the-big-lng-port-in-a-tiny-northern-b-c-town-1.2944900
There is certainly an expectation of another mining boom coming to BC. I guess it is just when?