Re: It doesn't make sense
in response to
by
posted on
Nov 13, 2014 03:10PM
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 mention that we didn't plunge from 35 cents to 5 cents. No race to the bottom."
I don't want to speak on his behalf, but my understanding was he was talking as we didnt drop really fast from 35cents to 5 cents and seem to be walking down slowly in half cent increments which in turn should allow someone who was accumulating on the way down to accumulate more shares than if it dropped really fast as some people by the time they notice wouldn't feel it worth selling anymore.