Re: possible buyout scenario.
in response to
by
posted on
Jun 24, 2020 04:08PM
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%)
I always thought in that manner! makes sense a third party transaction involved here.
The economic results coming shortly (2-3 weeks away) once public should re-evaluate our company's value.
We could get those 2019 results along side major news of an asset sale. A concurrent news release while being halted.