Re: Called and spoke to Cathy
in response to
by
posted on
Mar 04, 2013 01:24PM
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%)
I wonder how they know this: "She said that Teck knows the real value of the district" Any idea/thoughts?
Maybe this isn't answering your question but hasn't this been the standard remark out of CUU for a while now? Teck has had access to CUU's data room since last summer and vets all of CUU's NR's which probably means they get to look at the complete products/documents from the drills/Titans/Aerials.
I do wonder about what happens to that stuff that isn't trumpeted in a NR, like the final Mira product. Did Teck get to see every bit of this product?
I can accept that Mira just gave us more detail on targets discovered by magnetics and titan, but why not one single graphic of what the Schaft Creek Mineral Trend looks like along its length and in 3D? Maybe that is part of keeping this from Teck? Why tell teck exactly what the SCMT looks like outside of the Sched A lands if you have your own plans for them?
jmho