Re: lets close at .16
in response to
by
posted on
Mar 12, 2015 09:45AM
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%)
Bottom line is they could of cancelled the warrants and done a financing down here to replace them. They could also cancel the much higher priced options, reset and reissue. Instead Ernesto extends a dollar warrant he got for financing at a much higher price than its trading at today.
And maybe they will finance and reset, I don't know. But there is NOTHING negative about this warrant extension.
ttfn
nopoo2
R. Mills
Ahead of the Herd