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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: Re: Copilot AI answer to the question
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Copilot AI answer to the question
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marknicklaus
Apr 15, 2024 04:28PM

That answer of $4.2 Billion makes no sense.  Shocking and gross miscalculation by AI.

Just our 25% of the copper at SC is worth nearly twice that.  7,760,000,000 LBs X 25% X $4.26 = $8,264,400,000 USD.

The text in that calculation appears to indicate that AI grossly underestimated the USD value of Schaft Creek, but it also appears to have ignored VD completely.  Once it has a total value, note that it then goes on to calculate the value in USD.  Ummmm, excuse me Mr A.I., but you already did that!  The prices per pound are already in USD! 

My guess is that AI took its incorrect total value answer (M&I Schaft CreeK only) and divided that by a USD index value like 106 (current USD index value)

Yikes!  There could be lots of AI misinformation out there!


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