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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%)
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Re: Quellaveco vs Schaft Creek

posted on Feb 18, 12 06:22PM

''You just can't use this one for a comparison''

That's true..CUU is way superior, so just with this example you can all put a 4$ min right now...and I'll be waiting for my bottle of DON P..lol..

The bashers won't be able to say anything now, the usual ''nobody will pay 1 Bil for a non producer, producing in 4 years etc etc etc..''

They just did...In Peru..for 18%...

The only reason we haven't received our offer is because it's true, all the majors are waiting for Teck act, will they take 20% ,40%or 75%.....

Once Feasibility comes out Teck will be forced into a decision. If they take 75% like we all know they will...then the Koreans, Chinese, Indian etc will jump at our 25%. You will see a bidding war....Even more so if we can release our revised resource estimate...

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