Re: I visited the CUU booth at PDAC today but…
in response to
by
posted on
Mar 05, 2013 04:38PM
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%)
Couple things to take out of these reports
Mike thinks that we will get our Liard shares after Teck decides, how much, if any, of Schaft to back in for
...and he doesn't think they are worth much anyway, cause they don't pay off for 11 years, apparently totally clueless as to the value alert we send to the market, now, for receipt of the shares
This bothers me