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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: Wow 419 and Feasibility still on time
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News out, finally!
1
Pat66
Feb 03, 2012 10:39AM
Re: News out, finally!
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teamjen
Feb 03, 2012 10:40AM
Icon president Re: News out, finally!
5
cuuvette350
Feb 03, 2012 10:45AM
Icon president Wow 419 and Feasibility still on time
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cuuvette350
Feb 03, 2012 10:52AM
Re: Wow 419 and Feasibility still on time
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chops
Feb 03, 2012 10:57AM
Re: Wow 419 and Feasibility still on time
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Chappy726
Feb 03, 2012 11:04AM
Icon president RECAP
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cuuvette350
Feb 03, 2012 11:13AM

A quick calc of the new metal recoveries shows that the (mostly) higher recoveries could add between $154M to $250M NPV (8%) to the Schaft deposit (life of mine).

Fully diluted, it works out to be an additional 40c to 65cents per share.

DYODD

15 Recommendations
Icon president Recap and Quick Calc
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canadastockguy
Feb 03, 2012 11:55AM
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cuuvette350
Feb 03, 2012 12:00PM
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