Buying on dips like on Wednesday represents an excellent opportunity to top up in this little gem of a Company.
Page 8 of the presentation summarises things nicely and shows just what we have to look forward to in the near future:
Debt finance well advanced permitting and approvals also well advanced Silver production Q4 2011 Bankable feasibility completed Orders placed for long lead equipment project development team in place SIGNIFICANT exploration upside.....and this is the one that excites me the most.At current reserves and at the current silver price we have a very healthy NPV but this could change in a big way if CCU announces further upgrades and IMO could really give the SP a lift.
Plenty happening and while the SP has performed well of late another SP rerate could be immenent especially if we get another upgrade in reserves/resources soon....and confirmation of a debt facility.
Good luck to all
CCU Price at posting:
60.2¢ Sentiment: Buy Disclosure: Held