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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%)

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Message: Re: valuation
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Jan 21, 2012 05:54PM
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Jan 21, 2012 08:45PM
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Jan 22, 2012 05:39AM

Forgetting about any number crunching, didnt the market already value this at $2.75 a share last year (rhetorical question)? The macro economic environment has changed but it can also swing the other way in a hurry. $3 is only about 10% above what the market valued this at last year......we had a spreadsheet going around last year on what the buyout would be on SH and I believe the average was $5ish (30 or so people participated). That was before the new land,etc, etc.

Just my thoughts.

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