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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: Progress in Greece...
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Feb 05, 2012 05:25PM
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Feb 05, 2012 06:56PM

Feb 05, 2012 07:14PM

I agree that the clock won't stop once the BFS comes out, but elmer is no going to be silly and put Teck between a rock in the hard place. They have a transparent relationship at this point, what we have is big and no one is questioning that, the issue is who is big enough to develope this "district"? A hand full of groups can afford this. I believe there are others in the wings, but may question why Teck isn't backing in and warrent a discount.

So price and timing could be effected by negative news. I prefer sooner than later.

Greece will drag this out till the end, I expect the Mid march deadline to be used ....

GLTA

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Feb 05, 2012 08:56PM
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