Re: PDAC
in response to
by
posted on
Mar 11, 2014 02:52PM
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%)
Was that in your AGM report? I must have missed it. I think the work behind the scenes to value the 25% and seek a buyer is most important. I don't ever recall Elmer saying the SP mattered in this regard so why would he say he was going to promote the stock to raise the SP? That doesn't seem correct. Sorry.
Well, the question I have.
What is Elmer doing behind the scenes? Did he tell you?
As for the SP having no meaning....Elmer told me the same thing....so if the SP goes down to say .05 cents....does that have the same meaning that the SP mean nothing.
As for right now, I see a negitive BFS at first then the real one came out around Christmas, It became just do-able.
I see no JV meeting where we plan on anything, nothing reported back from the PDAC. So what is Elmer doing,,,no drill turning in AZ properites.