Re: chance to make some money
in response to
by
posted on
Oct 15, 2014 08:25PM
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%)
you're right, it's just poised to blast off with $75k traded. It's amazing what people are grasping at now. If anything was going to be confirmed at the meeting volume would have been 10x that. This is a nothing blip, wait for Elmer's PR with nothing in it you'll get your buying chance again. I will still wait for .14 or less if the markets continue to tank and no committment from Teck we could see .10.
Funny how many longs here keep saying, a mine will be built. Udder dilusion, yes it's possible but still miles from any guarantee. If that was confirmed today, volume would have been through the roof last week.