Re: Sooner than later
in response to
by
posted on
Jun 08, 2012 12:00PM
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%)
The dump wasn't deep enough and no one piled on so it didn't trigger an avalanche. Seems like a huge error.
Let them drive it as low as they want...as usual I'll have a huge smile on my face when I grab them on margin at 1.02-1.03. Just like the countless times before and we've always held.
And this time we have more silver, gold, moly, copper to back it up.