To: Metacomet who wrote (9138 ) 1/22/2015 8:37:08 PM From: sense 1 RecommendationRecommended By Underhill69
Respond to of 10654 I share your frustration.... understand it... but of course it hasn't cost me anything but time. Now, its a question of curiosity in the follow-up, mostly, and of still seeing the need to answer the value questions... that STILL aren't being answered properly, now... The lack of proof is in itself a proof, of course... and an answer about the meaning in the lack of proof exists in "management trumps geology"... of course... and I know well enough from having watched it all this time, that I want little to nothing to do with ever creating a need to trust this management with my money... So, I don't see it now as an investment possibility... rather than a potential trade... Even as a trade... there's not much to use in valuing it... beyond the dynamic it has defined only in terms relative to the trading patterns... There are clocks ticking louder... given there's a burn rate... a February meeting... perhaps a tax refund to squander on life support, for a time... and still no way to legitimately value any of what they own in assets... even given that they've expanded the number of questions you have to ask about their efforts in valuation with new properties. And, the market they're in... continues eroding... which isn't helping. Some today suggesting copper might bottom in seven or eight months... which seems early to me, relative to other recent market trends... but, where will CUU be in seven months, or three years... on current trends ? My guess is that news events planned for February... are a last chance for CUU to make anyone care... and a whiff in delivering answers then... will probably be an answer.