RE: CUU valuedDear Kerbacious, no need to put CUU down, DNT will have it's day. I own both DNT and CUU since last summer. CUU has been rising not because it has half the resources DNT has, see info below...
DNT's day will come for sure and it will also be bought out later this year, and don't forget we have had a huge run up already since the .40's.. It takes a few months more but we will go to the 3's 4's and eventually 5 dollar range as well.. GLTA
CUU valuation:
Old Resources calculation:
8 billion pounds of copper, 8.1 million ounces of gold, 69.7 million ounces of silver, 583 million pounds of molybdenum
* Value: 60 BILLION
* In Situ Value per Share 158.65$
* Gold Equivalent Ounces Estimate 41.28 M oz
https://www.goldminerpulse.com/c/cuu.php
Just based on old resource we are looking at 4$ a share
58 Billion * 25% = 14.5 Billion
14.5 Billion / 369 million shares = 39,29
39,29* 10% = 3,92$
0r
158,65 * 25% = 39,66 , X 10% = 3,96$
But based on new info new resource, new cost ......
MINIUM 5$ if Teck backs in.....
20$ If Teck does not...
Don't forget..CUU would be producing copper at negative 32 cents:
Look at CUU's OLD COST and OLD METAL PRICES :
Using:
gold 692$silver 13.09$ : Producing 1 pound of copper at -0.32$...
So just the Copper is all profit: (
old resource copper number) 8.1 Billion x 4.61$
And you still have the -0.32$ to make money on.
Best part is that -0.32$ is only going lower......
* Add the Rhenium as by product
* Adjust the New cost
* Adjust the New metal prices
* New resource
* Add a premium on sp based on Schaft Creek xxxxx Potential...
HOW MUCH PROFIT !!
I'm going to use more numbers here because I'm not sure people realise.....
Just use the old resource copper and old NET COST =
8.1 billion x 4.62$ = 38 Billion
38 billion x 0.2375 = 8 887 700 000
= 8 887 700 000 / 369 million = 24$ a share......
This is not even considering what I mentioned below.....(new cost, new metal prices, rhenium bi product, new copper resource, and numbers above is consodering copper cost at 0$ not - 0.32$)
So again...
MINIUM 5$ if Teck backs in.....