Re: Expectations
in response to
by
posted on
Mar 07, 2013 02:40PM
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 would add that if the negotiations are going to take some time, to me that would indicate that now there is disagreement on price. Price may not have been so arguable if cuu hadn't let Teck make the decisions. Like cut off drilling to prove up, holding a lower fs and an extra 30 days etc. To please Teck. Ya it's time for some results to show. IMO