Re: Another great day for Teck
in response to
by
posted on
Feb 22, 2016 07:33PM
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%)
There seems to be no buying pressure whatsoever. 1.2M shares bought last week x .12$ is nothing spectatulay money-wise. I loaded my TFSA with CUU last week, so I was accountable for about 3% of total volume... That could change rapidely but in the meantime it is depressing to watch