Re: My thoughts/opinions on why CUU is down
in response to
by
posted on
Aug 21, 2014 01:04AM
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%)
Yes, it's important to keep relative size/population in mind.
I wouldn't put much stock on data coming out of the NWT. It's such a tiny market that it doesn't take much at all to create wild swings one way or another.