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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: Time buying Tactic ?
21
Mar 20, 2012 02:05PM
5
Mar 21, 2012 08:14PM

Ldubs...in response to your earlier post (included below)...this was exactly the case with Far West Mining when they were bought out by Capstone, last year! They had two delays almost identical in timing to CUU...one before Christmas and another at the end of Q1. I remember the email on my iPad going off on a Sunday morning while I was drinking my coffee. It was the buyout NR! Technical issues were the stated reason for the delays in that case too! I seem to remember the PFS being pushed back to August but the buyout announcement came a few weeks later.

Great story, and you are correct Preseasibility was delayed before Christmas and then pushed into August...yet the buyout did come on a Sunday in APRIL...

http://capstonemining.com/s/NewsReleases.asp?ReportID=452156&_Type=News-Releases&_Title=Capstone-Mining-to-Acquire-Far-West-Mining-and-Form-Strategic-Partnership-a...

April 17, 2011

Capstone Mining to Acquire Far West Mining and Form Strategic Partnership and Joint Venture with Korea Resources Corporation
6
Mar 21, 2012 09:37PM
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