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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%)

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Message: Re: Where's CUU pattern taking us now Webgogs?

The chart pattern is meaningless uless one follows the wrinkles on a daily basis. Then the information can be compared to the experience with the stock. Add in certain knowns and it can be pretty accurate. A wall was used to try keep people from selling. If the sp went back up 10 cents people would make a profit. The wall came down because there's not enough volume to worry about a spike today. I also don't think that wall was about anything other than an attempt to punish the stock. It's not a person trying to make a buck either. They would just ice berg it off if that was the case. They are not accumulators either. They are not buying. They buying is a mixed bag and looks like a base solidifying at 90 cents. Based of the first day's ramp up I would think there are about 600k that can take profits. Will that clear today? Not looking like it will. By the end of tomorrow? High probability.

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Jan 14, 2013 04:11PM
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Jan 14, 2013 04:37PM
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