Re: Quadra FNX takeover
in response to
by
posted on
Dec 06, 2011 01:22PM
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%)
Please re-read Chappy's post until you "get it". He could not have laid it out any more simple than this:
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/510087-if-we-need-more-cash/messages/1620759#message
Bottom line, the current SP is NOT what will be used to determine any buy-out price.
Why are you here (invested) if you don't believe in the up-side potential of this stock?