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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: Carmax up to 50.97%
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Apr 30, 2015 04:11PM

Unfortunately no one can't predict the future and we didnt all sell in 2011, we have to move past that now. CUU wasn't the only thing that was up in 2011 and is rock bottom now. Delays happend however at least we came out of it with a partner.

If we still had the 20million from the initial deposit from Teck plus the tax credit and we just sat on it would worry me more than spending it and buying (what i think) are a few good properties that will also make us some money. Why would this worry me? Well simple it would show that Elmer thinks this will ride out into the next 10 years and him spending some of that money shows me that; A) He knows we are receiving a lot more money so mind as well diverse CUU's portfolio. B) The other projects he has our money in will flip for more money and maybe payout more dividends to shareholders etc... The damage stemmed from the falling commodity market, I know a lot of people that pulled out in 2011-2013 and invest into nasdaq, nyse etc...

I've mentioned this before, hopefully we (including those calling me pumpers) all make a killing on this and the only thing to do is stay positive especially in times like these.

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