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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: China...
3
May 31, 2012 02:56PM

May 31, 2012 03:13PM
1
May 31, 2012 03:44PM

I don't think that the Chinese economy will determine the buyout price for CUU. China will pay what ever they think they'll need long term, and short term economic volatility will not be as important as the talking heads think. CUU is just too much of a gem to pass, so all that macro stuff is just noise. One way to filter that noise is to enjoy a smooth dram of something.


May 31, 2012 03:57PM
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