Re: New video- fair value $2 with outdated economics
in response to
by
posted on
Aug 19, 2024 04:48PM
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%)
Why haven't they spun out yet? Must be a reason. Why have our projects sit idol because we don't have real funds to advance them in a meaningful way?
Its likely they want to sell the entire company! How I know? I don't for sure but Elmer has clearly stated this message in public interviews, agms with investors!
One of the options for insiders is to sell the entire company. It is a stated objective. Confirmed from the last year shareholder meeting.