while we are waiting
in response to
by
posted on
Feb 05, 2012 12:10PM
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%)
Ok first of all, purchase price has ranged from 1.30 to 2.53 with a mean of 1.50. Very diversified with bias toward cuu, int and aaa among 12 various. Buy out price. I mentioned 5.00 a couple of weeks ago.
Now the new one. Seeing as we are on a positive momentum swing and feel there is no reason for this to change, would anyone here sell before buyout?