|
I don't work in the industry. I don't do that much research. I'm still an amateur myself. I just look at forums and what people are saying about the stock. Then I go and verify what they are saying at outside non-biased sources. If you dig around the cuu website you can also find that there are no environmental issues such as fish in the area.
It's one thing for a company to say there is a new powerline coming so their operation looks more attractive. But if you can verify it with the government/bc hydro then it's always a good sign.
Without a powerline near the area there are huge costs in even starting an operation. In my opinion the biggest thing going for v.cuu is the insiders own over half of the shares and have been buying since the beginning of the year and haven't sold any yet.
TECK the huge mining company also has the option to buy back in to cuu if/when the full feasability study is released.
There are tons of junior mining companies out there. Monday I'm going to try and grab some v.caj
They just started drilling in the same area but are drilling deeper this year. Judging by past results and others in the area deeper=better results. But nothing is guaranteed and I'm ready if I lose some.
|