Re: My thoughts/opinions on why CUU is down
in response to
by
posted on
Aug 21, 2014 03:17PM
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%)
Good morning CG, you're so right re. CSBs. they topped out at 19.5% . with regard to TCK's secrecy, and the way I see it, they have to share this info with their joint partner wether they want to or not. when the info is important to the value of CUU our management has to share it with their shareholders. failure to comply, in both instances, could result in complaints to the regulators, or worse.
I think TCK would rather get us out of the way before they are forced to release info. that would make it more difficult to do so.
In a perfect world youngmoney's thoughts would be great, but I think our management would settle for less. if we were to only get $2.00 the gain would be 950% from our current .21, forget what you paid for the shares, the only important number now is what we get.
I would take the 2 bucks without complaint and put lots of it into TECK for an easy double within a couple of years, and take the 3.5% div. while I waited.
The only sure thing here is the resource is too big to be ignored. it will be mined, so I'll wait, and wait some more. best to all......chunky