Re: My thoughts/opinions on why CUU is down
in response to
by
posted on
Aug 21, 2014 04:20AM
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%)
Thank you for providing us all the info.
1.) In if step a few years into the future. It's not all about the China anymore. Middle class in other countries is expanding. More and more people are moving to towns. So... It's true that mining sector will get hurt it the bubble burst but it's IMO it won't have such a huge long term affect.
2.)
http://www.riotinto.com/documents/cesco_presentation_a_harding_170412.pdf
GLTA