Re: Looks like it will have to be tomorrow
in response to
by
posted on
Mar 28, 2013 01:12PM
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%)
Why do you guys think the PP has'nt been closed yet?
Do you think it has been left open so they can expand it once more in case they need to pay for a major drill program?
I was wondering when they went for that extra $500K whether it was to test the market to see how much interest there would be if they needed to fund a major drill program this year.
If Teck walks, I just don't think they'll have time to find a new partner for this drilling season.