Re: BFS weekly expectations.
in response to
by
posted on
Nov 04, 2012 05:15PM
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%)
2) I cannot ever recall stating that CUU was a losing play. A ~$2 back-in or buyout offer from TECK versus current market value does not seem to be a losing proposition. Does it?
It does to those who bought over $2.
Regardless, when you think about it, our "bashers" are essentially predicting a 100 per cent return. Palm Springs this week, Tebat last week.
It's kind of funny when most stocks have several nervous nellies calling for the stock to fall like a rock but the most negative among us are saying, "You guys have at least a double from here."
That's the worst our pessimist posters can do.