Re: New video- fair value $2 with outdated economics
in response to
by
posted on
Aug 19, 2024 01:35PM
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%)
Problem is we cannot go aggressive on the exploration projects until we figure out SC. Unless we split up and spin off the companies, you can tell the board is consistent on not doing a reverse split (I think it allows retail investors to avg down their costs), we are stuck. Company cannot go for big financing without severly diluting the shares.