Re: Call to Management
in response to
by
posted on
Aug 29, 2012 05:10PM
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%)
Vette, I think you were refering to the $3.71 figure Web said was the best TCK was willing to offer, when you were talking to Elmer.
My reccolection is Elmer said, so they think we're worth one and a half billion, and laughed.
I remember, at the time , it sounded like he thought it was too high.
I've always said shoot for 3 and hope for a nice suprise on the upside, and I dearly hope you're right about the $5..It's been a long wait
P.S. David's highest buy that I know of is $2.64 for about 3000 shares.....chunky