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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (31905)2/5/2007 8:49:01 AM
From: Mr. Aloha  Read Replies (1) of 78424
 
CUU is much more advanced. They proved up the enormous Schaft Creek mineralization and did a preliminary assessment (scoping study) over 2 years ago, and could complete their prefeasibility study this quarter. In addition, any dilution they do to advance their project will likely be paid back 4x when Teck exercises their back-in option. It's a much different situation than earlier stage projects.

However, because they will need a good amount more dilution before proving feasibility, that and Teck's back-in option need to be factored in when comparing it to more advanced projects. Even after factoring those in, CUU's an incredible value, IMO.
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