Re: tck vs cuu

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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chunkytoast

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Re: tck vs cuu

in response to

Re: tck vs cuu

babybreeze

posted on Aug 24, 2015 04:56PM

The last time Teck was down so badly I missed the sub $4 bottom and piled in at $14. It didn't take long for me to sell it at $29 for a nice profit although, some others made a real killing.

I don't think today was a bottom and I'm holding the last of our reserve cash for when I think it has arrived. if, after that, we get a short term bounce, I intend to trade it for the real bottom I think we will get in Sept-Oct.

I very well may be wrong, as I was in March when I misinterpretated the price spike in CUU and lost some money, but that's my current opinion and I'm going with it.