Re: BFS Timing
in response to
by
posted on
Jun 10, 2012 12:10AM
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 follow the dots people!!!!!!!!
Insider ownership Wow some 60 plus percent
Insiders buying all the way up and lots of it on the open market. I am suprised only David and Ernesto really only bought.
Blackout for 5 or so months ........ hello the RE was released and they still haven't exercised their options............ hello
RE 250 percent better with higher quanities of copper, gold, moly and SILVER 100 million ozs.
PFS negative 32 cents to mine a pound of copper.
Friendly minning environment CANADA period.
NTL power.
Environment concerns minimal.
Shipping port secured..... WHY?
Aerial survey already completed which extends the mineralization I suspect. Already 20 plus km long.
700000 acres of land acquired by Teck recently. I suspect they are looking for gravel.....
Prices they have used per pound are considerably lower than market value and what the smart people are saying resources will be in the near future.
Continous land acquistion by the Fox in the last few months why? Gravel?
Stopped drilling the resource focusing on the surrounding areas? My conversation with the FOX office is TECK is satisfied with the numbers of the SC.
Why a late drilling season? We have no money. Are we expecting some money?
No private placement announcement.....would take a little time I am assuming to organize so you would think we need money to drill? No. Ask the question and the question gets side slipped.
BFS pushed off into the future. Why? Perhaps it wasn't ready. However as Webs has said they are not starting from scratch they are polishing it and plugging in numbers.
Does Teck have some people that could formulate their own bfs based on the previous information? I would assume so.
Does Teck want to get into a bidding war? How do you avoid a bidding war?
Does Teck want the rest of the world to know that a mine (district) could possibly be available for the next 100 years plus with a 4 year clause to produce a producing mine at no cost to you. Hello
I am sorry I have fallen in love with this stock (I know you shouldn't) and can't stop myself from seeing the positives. Other than world economics this stock is undervalued and I find myself excited for the end BUYOUT. Bring on the nay sayers.
Please respond and punch holes in my thoughts as I have tried and it just leads to the same conclusion. A lot of money!!!!!!!!
I did not get a chance to phone Brugeonvest but plan to on Monday. I will post what I find out. I do know a client of Burgeonvest and was told everyone in the office owns it on Davids advice a while back and everyone was told not to sell. Take if for what it is worth.
We bought some more at 1.26 on Tuesday to add to our healthy accumulation last week and I don't care that it is 1.12 today. Other than the fact we could of added more to our share count.
Best of luck to all. We are all in as a family and expect a great summer.
By the way I can help organize Vegas what do you think a 4 day get a way, Belagio, a meet an greet in a hall on the Thursday night, Wine and munchies. Dinner Friday night with presentations by Vette,Webs etc. maps of Vegas by Chappy. Saturday and Sunday investment seminars on the next CUU just kidding. Thanks to all who have contributed to this board.
Cheers