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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: Progress in Greece...
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Feb 05, 2012 07:14PM
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Feb 05, 2012 08:14PM

I also tend to agree with you, Vette. The other point no one has mentioned about the global economic situation is that the majors have to plan now for the future in 4,5,6,7,....20 years time. So in a way, the current economic situation, while important, is not the only factor in a back in. They have got to have their reserves sorted out regardless of the economic climate. They cannot turn around to their shareholders in a few years time and explain why they have run out of copper.....

glta bbay

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