Re: Today's lack of interest
in response to
by
posted on
Sep 09, 2015 04:40PM
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%)
Re: Only problem is that lots of investors moved away from Junior's especially commodity juniors. We have a lot less investors than few years ago.
I think your statement is correct. However, since there are roughly the same number of shares outstanding as a few years ago, this must mean that those of us who do remain now have more shares (I know I do). And we don't want to sell at these prices - that is why we have a very low volume environment - not much new interest and not much motivation for existing holders to sell.
Nonetheless, I'm encouraged that we have been gradually getting higher lows.