Re: Teck acquires AQM Copper
in response to
by
posted on
Nov 24, 2016 09:17PM
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%)
Show us all the junior explorers who exploded before the big boys this time.
I said in my previous post, the most recent was 2009. We're not in a stage of global market collapse now like we were in '08. What was holding back the CDN market had nothing to do with the US credit crisis of '08. It's really the CDN market that's been struggling the past few years. The US markets have been bullish for quite a while now.
As it stands right now, yes, the large caps have been performing better than the small caps. However, if you look at the overall venture chart for the past 52 weeks, it's not a bad looking chart at all. It's actually moving along rather well. Can't blame CUU's woes on the venture exchange itself.