Global mining perspective

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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Silverlining

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Global mining perspective

posted on Apr 11, 2012 07:33AM

Everyone likes to see the share price of their stocks rise, especially if you need or plan to sell. Personally, I plan to see this through to the end and I would like to keep accumulating at what I expect are the lows unless some new and unexpected impact on the project comes along. Why the rush to try and drive the price up? It will run when it's time.

You might find this video of RIO Tinto's Bret Clayton worth watching. Some very interesting insights (e.g. 11, 31 and 41 minute marks) on global commodity demand and economics. IMO $5 per share is at the low end.