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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: NPV @ 8% increasing
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Oct 18, 2017 07:25PM
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Oct 18, 2017 09:30PM
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Oct 19, 2017 03:30PM
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Oct 19, 2017 03:52PM
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Oct 19, 2017 03:58PM
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Oct 19, 2017 04:25PM
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Oct 19, 2017 05:14PM
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Oct 19, 2017 10:38PM

The problem for me is not what is there, but how hard is it to get at and produce. When all this started it was copper at negative 32 cents. Then it was posted on the CUU website on a study by BMO at negative .02 cents. Then the BFS came out after that at a buck and change. Until we actually know the real cost to produce anything, I doubt our napkin calculations are worth anything.

Sure, I can get my pencil out here but what do I write down? What's the initial cost and the cost to produce a pound of anything there?

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Oct 20, 2017 07:47AM
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