OTCPK:CTNXF - Post by User
Post by
wordsouton Feb 23, 2012 7:46am
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Post# 19571654
Something to Think About
Something to Think About CGP has lots of irons in the fire so to speak. Just one example is the "Little Deer Copper Project" in Newfoundland, where they have a 50/50 JV with Thundermin (THR). Here they have a NI 43-101 compliant mineral resource of 99.8 million pounds of copper (indicated) and 175.9 million pound of copper inferred.
With copper prices currently trading in the $3.80 per pound range, do the multiplication and then divide by 50%.
Considering the numerous other propects they are involved in, I think buying at the current stock price is like taking candy from a baby. IMO