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Old 07-10-2011, 05:53 AM   #4451
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Yes but they would be happy with more. The insiders know how much value is in the ground. If Teck does low ball them, they rather face the open market for investments. Or they can let Teck keep that 75% and arrange all financial obligations and CUU can just sit there and become a cash cow.

Keep in mind that Stifel financial has bought a lot of CUU shares above $2. From my earlier post, Stifel was the person who sponsored the Whistler / Toronto Conference meetings between CUU (and other junior miners) and investment brokers.

DOHCVTEC - how about a McLobster from New England McDonalds? hahahaa
Deal on the McLobster! I think Monday will be "judgement day" for CUU - good luck to those who are still holding.

From my understanding, Stifel is just a brokerage house, meaning they could be buying for a client, any client. Heck, that client could very well be Teck, but we'll never know until this is all said and done.
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Old 07-10-2011, 07:16 AM   #4452
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On a different note, how do you guys feel about Barrick Gold at the moment? Given the recent dismal job report from the US, gold and silver might continue their week-long mini-rally. Gold and silver stocks could therefore benefit in the coming weeks. Thoughts?
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Old 07-10-2011, 09:02 AM   #4453
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I'm also looking for a penny stock to put some of the "ultra-high-risk" part of my portfolio into. Got any suggestions?
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Old 07-10-2011, 11:44 AM   #4454
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MGP?
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Old 07-10-2011, 11:53 AM   #4455
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I'm also looking for a penny stock to put some of the "ultra-high-risk" part of my portfolio into. Got any suggestions?
Depends on how long u wanna hold, TLON & IGXT
not sure how comfortable you are with biotech lol
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Old 07-11-2011, 03:14 AM   #4456
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fucking phone woke me up.. FINALLY IT IS OUT RE!!!!!!!!!!
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Old 07-11-2011, 06:34 AM   #4457
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It's out!!

COPPER FOX METALS INC. - MEASURED AND INDICATED RESOURCE ESTIMATE EXCEEDS 1 BILLION TONNES AT SCHAFT CREEK DEPOSIT

Copper Fox Metals Inc. - News Releases - Measured and Indicated Resource Estimate Exceeds 1 Billion Tonnes at Schaft Creek Deposit - Mon Jul 11, 2011...

Haven't bothered reading it as the share price is....
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Old 07-11-2011, 07:05 AM   #4458
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WTF???

RE comes out and SP TANKS?

how does that make sense??? where's the negative news in this?
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Old 07-11-2011, 07:07 AM   #4459
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i'm reading quick things on SH that they're showing LESS than they did 4 years ago??? fuck me

are you all holding are are you dumping?
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Old 07-11-2011, 07:26 AM   #4460
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get in tomorrow before 10:30

profit on monday



............ don't listen to what I said
You sure about that!?
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Old 07-11-2011, 07:34 AM   #4461
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wow ... bad morning holy fuck
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Old 07-11-2011, 07:57 AM   #4462
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WTF???

RE comes out and SP TANKS?

how does that make sense??? where's the negative news in this?
almost the exact same thing happened to AAA. RE comes out with good results and the stock absolutely nose dives. I didn't get out in time
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Old 07-11-2011, 08:34 AM   #4463
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So does anyone still holding onto cuu?
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Old 07-11-2011, 08:35 AM   #4464
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i haven't looked at it, but i heard that the resource is now showing less than it did 4 years ago and that's the reason for the drop

i don't know how in the world that's possible with the aerial etc
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Old 07-11-2011, 08:45 AM   #4465
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wtf happened.
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Old 07-11-2011, 08:47 AM   #4466
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bad market? wait to see where it settles and now DD on how much it will cost to pull it out of the ground =]
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Old 07-11-2011, 08:49 AM   #4467
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I don't follow this stock but Aug copper down .0475 @ 4.3590 if that helps
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Old 07-11-2011, 09:28 AM   #4468
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It seems like it's more stop losses / margin call selling???
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Old 07-11-2011, 10:09 AM   #4469
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as per SH, the results of the RE show a 34% reduction in Moly reserves and 28 % reduction in gold ......................................!!
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Old 07-11-2011, 10:11 AM   #4470
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WTF???

RE comes out and SP TANKS?

how does that make sense??? where's the negative news in this?
Makes perfect sense: it's called sell on news. Very rarely does a stock's price go up on an anticipated RE, especially one that is followed so closely and with such high expectations. Everyone was expecting a miracle, like 10X the original resource or something that insane. So even when the RE showed not much of a difference, everyone got impatient and sold. Makes perfect sense, as all the insiders got their shares for $0.10.
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Old 07-11-2011, 10:15 AM   #4471
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as per SH, the results of the RE show a 34% reduction in Moly reserves and 28 % reduction in gold ......................................!!
I don't think most people on the SH forums know how to read a resource estimate. It is sort of funny reading the comments.
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Old 07-11-2011, 10:18 AM   #4472
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Makes perfect sense: it's called sell on news. Very rarely does a stock's price go up on an anticipated RE, especially one that is followed so closely and with such high expectations. Everyone was expecting a miracle, like 10X the original resource or something that insane. So even when the RE showed not much of a difference, everyone got impatient and sold. Makes perfect sense, as all the insiders got their shares for $0.10.
Yup exactly, selling on news is a very common practice on especially on mining stocks. I may pick some up when it gets a bit lower. Or maybe an ore stock. Haven't decided yet.

I really wish MER would go up though, i dunno wth is going on with that company. It's using up all my TFSA room.
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Old 07-11-2011, 10:21 AM   #4473
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I'm all cash and waiting to buy - like a kid in a candy store. However, I do not think this is it. I will see how the markets are by the end of this week. We have Italy going underwater soon, and then there's Spain. Obama doesn't seem to be in much of a hurry either to solve their debt problem. The currency markets may be where I'll go next.
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Old 07-11-2011, 10:35 AM   #4474
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out of this shit CUU. Made 2.5k on the bounce from 1.45, done with miners.

Great call DOHVTEC , props
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Old 07-11-2011, 10:54 AM   #4475
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I feel sorry for those on SH who were in CUU and bought in BRU on Friday on two people's pump there.
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