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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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Message: Timeline and delays

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Re: Timeline and delays

in response to Re: Timeline and delays by realcdn
posted on Feb 21, 12 04:55PM

Perhaps CUU management know there will be a rush of investment in this area once they announce a positive BFS. They may need to shore this up to a turnkey project by getting everything that is needed to be done now, before this happens.

They have arranged shipping space at Stewart. Possibly there are other aquisitions and deals they feel they need to do before this turns high profile. Then they may have to compete with big money. I am thinking of access road and construction contracts.

I see Pagets volume shot up today.


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