Re: Teck sells another asset
posted on
Oct 07, 2015 09:57PM
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%)
Do only what you firmly believe in or know.
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Amen, brother!
How "firmly did you believe in or know" when you took the HELOC in 2012, vs what has materialized so far?
I must say you have a lot of faith in your investment choices to take leverage like that.
I have made many investment mistakes and will probably continue to do so. The only thing I have learned with CF is to not only look at the positives and not to fall in love with a stock.
I don't want anyone to think I am trying to portray myself as some kind of expert, because I'm certainly not.