Re: I'm out! Wish you all the best going forward
in response to
by
posted on
Apr 06, 2016 02:40PM
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%)
Hog - all the best & I always appreciated your contributions and agree it's healthy to have posters who can challenge.
I'm still going to hold to my smaller holding (reduced it to a bit larger than yours) - have been too long in this; but accepted awhile ago it could be a long wait. I did make some nice dollars with CUU in the good ol' days of $2.00+ but have no expectation of it being back there, sadly.
And perhaps because I live near Kamloops and its nearby 3 copper mines, espicially Tecks Highland Valley - I still feel bullish on their long-term plan for the North (they've been there before). Contracted project staff at Tck are experiencing slow-downs, but are being advised to be patient as the company is looking forward to Fort Hills and an eventual return to copper demand.
Prospekt - and if I understand correctly that you are also moving on, then for that I'm also selfiishly disappointed > regardless all the best to you and thanks for the insightful posts.
glta
jaf.