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

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To: marcos who wrote (40138)5/16/2007 7:52:47 PM
From: 4C  Read Replies (1) of 78421
 
Hi Marcos:

"cuu.v - ... wild sell-the-news reaction"

Well it wasn't that wild. They didn't find the resources they were expecting to find:

Original resource estimates @ .25% Cut-off:

Tons 1,595 Bil
Copper 9.15 Bil
Gold 8.6 Mil
Silver 82 Mil
Moly 622 Mil

They compared it to Nova Gold @ .20% Cut-off:

Tons 1,241 Bil
Copper 11.9 Bil
Gold 12.8 Mil
Silver 190 Mil
Moly n/a

But Revised Estimates came in @ .20% Cut-off:

Tons 1,058 Bil
Copper 6.5 Bil
Gold 7.8 Mil
Silver 55.3 Mil
Moly 455 Mil

Still will be a good mine, but obviously investors felt let down after all those interviews Salazar did, reassuring everyone.

Question, why are there nearly no institutional holders of CUU?

today.reuters.com

Regards,
SF
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