Speaking of YZC ...Yes YZC took a huge beating in the past year. Similar to CUU they had problems with the engineering company that did the feasibility stufy that had to be restated. And of course the rest is history, a $1 stock went to $.50 on the first trade and then moved down to it's current level where noone seems to want to touch it.
However, while noone was paying attention, YZC hired a new firm, published new numbers and as it turns out YZC also has a very sizable silver deposit within the Zinc. Once they receive their mining permit this fall, and put financing in place this will be the next Zinc mine and possibly one of the larger silver mines in Canada. I've been accumulating YZC in this range for a few months because IMHO, it's a bargain.
(Sorry for the pump but wanted to make a point.... )
CUU is no different. They have an enormous low grade copper deposit that had been abandonned in the 90's because of low metal prices and were able to take it over at the right time
The big problem I saw with CUU is that over 2/3 of the deposit fell under the .2% cutoff grade. Now we hear that that may have been understated and now we are faced with the possibility of
1.) materially higher tonnage above the .2% cutoff.
2.) materially higher CUeq grades (from .34% to ??%)
how can that be bad?? In fact because we are talking low grade (very low) it can only be possitive for the future viability of this project.
Having said all this I have been on the sidelines of CUU watching from afar and have only recently taken a position after the drop in SP ... so my attitude is markedly different than those who have a substantial part of their portfolio here.
Bottom line though is The Story is only getting better. I wouldn't blame some for selling after the halt. If you put too much at risk you tend to make decisions like that when things take longer than you want. One thing that i've learned from my short period of investing in juniors is that nothing EVER happens as quickly as you want it to either because of unrealistic expectations caused by hype, or uncontrollable events such as human error, politics, money, etc.