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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: The new BFS
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Nov 08, 2011 11:06AM
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Nov 08, 2011 02:18PM

Nov 08, 2011 02:39PM
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Nov 08, 2011 04:06PM
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Nov 09, 2011 01:29PM
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Nov 10, 2011 12:25PM
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Nov 10, 2011 12:47PM

I think you might be a little too optimistic about the operating costs. I've built a fairly detailed model and my numbers estimate a LOM copper cost of $0.03 / pound. It will be difficult to match the numbers shown in the 2008 PFS. Remember that the price for moly is roughly half what it was in the PFS.

That being said, the economics of this mine are still phenomenal.

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Nov 10, 2011 02:09PM

Nov 11, 2011 06:19AM

Nov 11, 2011 04:19PM
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