Re: While we wait
in response to
by
posted on
Feb 18, 2012 04:45PM
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%)
Just for fun....18% for 890 million = 1.236 Billion for 25% = $3.13
But like I said:
CUU is in Canada, Negatove cost, Financed by Teck, we have control over agreement, Teck expenditures, Liard shares, NSR, Copper, gold, moly, silver, rhenium etc...
Should be very interesting once Feasibility comes out , even more so when the new resource comes out.