Re: News release offering 2.2 million. Ee backing it up
in response to
by
posted on
Jan 18, 2012 05:32PM
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%)
By doing so many small PPs at always decreasing prices shows us they were expecting that the markets, and our sp by all mean, would go down otherwise they would have done 1 or 2 5 or 6M pps instead of multiple small ones.... jmo