Re: Real News
in response to
by
posted on
Mar 30, 2016 08:40PM
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%)
Why does he not just settle and take $1.00 to $1.50 per share for the project and get on with more lucrative plays?
Somebody has to first offer that $1.00 to $1.50. An offer upwards of 1100% premium to share price! And in this market? That would certainly be something.