Re: Dollar down below 88 cents
in response to
by
posted on
Nov 04, 2014 12:27PM
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 are right, I'm not dissagreeing with you the 75 million came from the presentation but after years of seeing those presentations change very frequently you know this as well of the rest of us. I'm saying with the way markets have gone and work done with improving our asset there are no true ways of even remotely putting a value on the asset, I for one and many here are expecting much greater value with a new FS performed by Teck. and varified by our company. as per copper prices I have read many predictions and of those the only way for me to be comfortable with those is a wait and see approach. I am looking to increase my holding in the months to come because at the end of the day this will move forward and with the latest NR I believe I have a bit of time to get my average down.