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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: Financials out

Mar 31, 2015 05:56PM
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Apr 01, 2015 01:35PM

The majority of juniors are NOT within six months or less from shutting down or facing massive dillution.

Well, a bit over a third are so-called 'zombie' companies. We are not in that third.

Here from Rick Rule:

But to hear retail brokers like Rick Rule describe them, more than 500 [out of 1400] of them might as well be classed as pulp and paper companies, because that’s about all they produce: paper filings to meet exchange listing requirements, at the expense of exploration.

The chairman of Sprott Global Resource Investments Ltd. is among the growing number of resource-sector investors who say the TSX Venture Exchange has become weighed down by companies that should be considered clinically dead.

--http://www.biv.com/article/2015/3/zombie-miners-pulling-down-tsx-venture-exchange/

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