Too many are under water here
posted on
Sep 21, 2012 03:34PM
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%)
This is what I read into the comments and backlash I get. It doesn't have to be that way. People could sell and take the hair cut and easily pick it up else where. You're not going to miss the boat.
There's no point calling the company. Just sell some and buy one that's moving up. Don't momentum chase of course. Many gold co's are rising. There are a few here who bought GRV and BAR and a few others when I said buy. They can now sell and make up the losses from here. MND has been really good to me. And Pilot...very nice. One things we traders need to keep in mind is that the QE's will fade faster each time because no real value is hitting the streets. So without purchasing power by the people... no job creation. So play the waves.
CUU is obviously manipulated and will not see it's day in the sun until Tech acts. Use this time to make money. Don't let fear or love cloud your vision. That's a fools game.
Even Argex looks poised for another 50%. When I look around there's only 1 real dog in my portfolio and it's cuu. Do you blame me for selling? Management needs to cut the crap. This is unacceptable for a deposit this size and a management team who's supposed to be this good. When is this going to don on the investors. Good grief, BAJ is climbing out of it's hole! It that doesn't shock people awake nothing will. CUU is making WYM look like a safe bet.
I'm also considering staking out a position once again in Romios despite what I think of the management. I suspect they are going to turn in some good results shortly. The new lands do look promising.