Re: What's next
in response to
by
posted on
Feb 12, 2013 12:20PM
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 did recently speak with Elmer regarding Teck paying $3.80, he laughed hard at that. Said ''do you honestly think Teck values us at 1.5 Billion''
I gave this sentence a lot of thinking and even today I can't say if he meant that in a positive or negative way ... I guess he meant they valued us more than 1.5B, so like everyone... but its easier said when the SP is at 2.50 than 80 cents...