Re: opinion of copper outlook
in response to
by
posted on
Mar 19, 2015 06:43PM
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%)
Regardless they are still paying for all the work being done at SC up to 60 million and that's Great for us :)
We knew that almost two years ago and since that revelation our stock price managed to drop down to a dime.
What I think most people are looking for now is what this most recent News Release means for us this coming year, and how likely it is that our stock price continues to rise. Clearly the stock has been performing very well lately and we're trying to understand why and if it will continue.
We're also trying to understand if the work this year will be the final work on the optimization studies and will that lead to a potential buyout?