Re: Call to Management
in response to
by
posted on
Aug 29, 2012 04:04PM
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%)
I can live with $3.00 but like everyone else would like more. My buyout prediction was $3.67 which is not far from the $3.50 you mention. $3.67 with CUU continuing to operate would be acceptable especially if paid in TECK shares. Of course I know nothing or at least very very little about mining and am only going on the advice or opinions of the more knowlegable posters on here. And yes I know that anyone who gets their DD from bullboards is a dummy.
Gusto44