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Old 09-12-2011, 07:20 PM   #5152
aznl3oi
Need my Daily Fix of RS
 
Join Date: Jan 2006
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Quote:
Originally Posted by strykn View Post
Ernesto just bought another 2 mil worth. ballin out of control
lol fml school time now and i cannot check the daily trades QQ. damn gg ernesto ..total 5M$ for the PP balla! haha, i wonder what CUU is doing though...my guess would be the first 3M is for operating costs of the 3rd drill, and the additional 2M$ i have no clue...could be used for additional funds for winterizing the drills, since they said they want to drill through the winter, or used to speed up the process on the BFS/analysts, or purchase of new land? but i don't know if they need more land to explore haha; we already have a lot of land that has not been drilled. But at the end of the day, this adds to teck back-in cost if they were to do it. So i guess, to Ernesto, this is a win-win-win, it speeds up the processes, incrases the back-in price, and an easy x2/x3/x4 of the 5M$ PP if they do back-in

Last edited by aznl3oi; 09-12-2011 at 07:50 PM.
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