Re: While we wait
in response to
by
posted on
Feb 18, 2012 12:35PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Elmer has said himself that he must ensure he gets the BFS right because he only gets one shot at it. Seeing as he has brought five mines to production, I trust he knows how to play his cards.
The BFS is the document that moves a mountain. Teck either has to drop a BIG load (of cash or shares, of course) or get off the pot. I'd say that's pretty darn momentous.
GLTA.