Lower Expectations
posted on
Jan 24, 2013 11:42PM
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%)
People have been lowering their expectations on the buyout sp for a couple of weeks now.
As the days go on the predictions go lower.
I am finding the delays more than frustrating but I don't think my bad mood is going to effect negotiations. EE would probably have had this finalized by now if we were going to get less than two dollars per share.