Re: Stock Option---Question?
in response to
by
posted on
Jul 10, 2013 01:28PM
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%)
All I can say is, if the present shareprice is used in any way towrds the purchase/JV of CUU, we have all been sold down the river. I am fairly confident that ES & EE have SP averages that, even at this depressed price, they will make money. The retail investors aren't that lucky. Most are underwater anywhere from 50-75%. jmho, AND IN TILL THE END. Remember most on this board have been saying "SHAREPRICE doesn't mean anything in the final negotiatios, only POUNDS IN the ground.