Next Tuesday Ian Lawrence MD of CCU will be presenting at the Excellence in Mining Conference in Sydney at 4.25pm so probably next Tuesday we will see an ASX announcement of this presentation. A study of the ASX announcements of 19/8/2009 & 14/9/2009 shows they have increased their silver resource by 40% to over 44m ozs. With current drill results & asays pending & phase 2 of the drilling due to start in October, I suspect Ian's presentation will be very well received, given how few genuine silver plays exist in Australia. CCU have also recently broken out on the charts & given their relatively low market capitalization are capable of reaching far higher prices than the current levels. Regards Buffett PS No investment advice given on CCU please do your own research.
CCU Price at posting:
15.0¢ Sentiment: None Disclosure: Held
