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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: My thoughts
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The dividends would start right away and come from a portion of the 4 times money with Teck adding even more. They would have to have enough to carry us through to royalty time. This would repay our investments many times over in just 6 years to production and then increase.

I pestered him about this 2 years ago. Back then they just wanted to sell. But, offer a div and the sp will rise too. Look around at the stocks out there. Their value is being eroded! Soon, currencies will start to see the real drain. USA devaluation rate set to $85 billion a year! Every country is doing it.

Pounds in the ground or gold under your bed. Think about it. We've seen fiat currencies fail but never the whole globe at once.


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Mar 26, 2013 04:33PM
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