QE ????

fuck, i saw... :(

Got burned trying to catch the bottom. Markets shitting the bed hard fml
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bcg up 20+% in two days....

A little humor for a day like today


*Knock on wood* hopefully no flash crash

Too slow on FCX. Wasn't gonna buy at 47.50

I think the jobs report on Friday is going to tank the market or boost it. Although with this recent sell-off I am leaning towards tank lol

Back down to 10 cents.

Whats your cost in BCG? I'm tempted to sell when I break even.

GCU 24m or 17.48g/t

If the market is actually pricing in QE3 then I am saying it will be very disappointed because further debasement of the dollar will just send oil prices higher which will be another major headwind for the fragile economy. So I highly doubt the Fed will be reckless like that.

i'm out...got out to buy more cuu that's gone down lol

i'm not meant for this game lol

you guys think everything is going to continue to drop? just cut losses now and buy back later?

I'm all cash now. No more stocks for me until Oct-Nov.

fuck me...just watched it drop $0.05 while putting my sells in

all out..that was painful

what's your thoughts on CUU? hold it out for a while?

What did you sell?

I'm holding on to CUU. I'm waiting for the feasibility study to come out. With overall markets down 3+%, CUU will drop regardless. IMO, good buying opportunity. Too bad I bought it earlier today at 1.63.

Bought two US stocks for a quick trade today. FCX and DRYS.

These two stock can easily rally back up to $50, $4.00.

A day like is is when you close your tabs and go to the white chicks page to distract you.

JMHO...if you guys are truly long/investing in CUU for FS/potential buy-out..then today, let alone action for past 2 weeks is irrelevant to you guys, it would only present as a buying opportunity, nothing has changed in relation to your objective/long view of CUU. Days like this if you're an investor...disconnect yourself from the talking heads/tickers

If you're a day trader..cut your losses and go get a few doubles of your favorite drink

Can't believe I just witnessed the Dow hit -500

^^ yeah for CUU, although there was a big sale today, it really doesn't matter if your a long, since we know what we got and it isn't going anywhere. If your a day trader though, today was a shitty day and sorry to hear that.

too bad i'm already all-in or else i would buy more CUU at 1.5x that is a damn steal! however i think there is still pressure to go down, and the MM will try to get this as low as they can to hit the stop-loses. One thing about today i found interesting is someone in stifel is selling....but we can't conclude it's teck selling unlesss it becomes a constant thing with huge numbers and if stifel from before is really teck.

in regards to the buyout/back-in, i think teck really has no choice; galore creek is bunk and they are running out of copper at their other mine. If CUU is picked up, they can start producing copper when the other mine is about to deplete which sounds like a good game plan. Also, they are just waiting for the PFS to confirm the deposits and once that comes out we should see an answer from Teck relatively soon.

down 500 points, I think it's more than just a few drinks...lol

I am in CUU for the long term. I buy 1000-5000 shares every time I have extra cash on hand on every dip.

Ever since the RE came out, ppl was just finding excuses to sell the stock. If you think about it, the higher grades in the RE should give us a higher NPV of Schaft Creek. The payback period of the investment should be much lower leading to an increase of NPV of the asset.

Lets hope we get some kind of bounce back tomorrow.

my CUU lol

if anything I've picked up $0.07/share...which really isn't that much but i've made a few bad moves over the past year and need to start trading to gain some back...i just hope this isn't one of the bad ones

any reason for the market to rebound? what changed through out the day to stop the selling and downturn of the overall market?

i've been doing the same with my spare money on dips lol, in the long run it will pay off but to day trade this isn't as great because if the low volume and the MM of venture stocks lol.

I agree with you on the RE, we used the conservative numbers from the 2007 pfs which are dramatically lower than what we have now. I believe it was ~650$ for gold and 2.5$ for copper? and now gold is 1550+ and 4$+ for copper. I know this is the price for producers and what we have is in the ground but we are getting to the point where production may be within arms.

the NPV will be dramatically higher once adjust the gold, copper, silver, moly prices. Also, keep in mind the last RE didn't state the silver amount because we didn't do it according to amec or something. So that will be a nice increase in the BFS.

again, when's the BFS expected out?

don't quote me on this but i think it is coming out at the end of oct.

i wonder if Ernesto is going to pick up more shares at this price like he did last time xD

Bank stocks are looking pretty attractive right now with 3 of them paying a healthy yield.

^ Which banks you looking at?