Re: Disappointing
in response to
by
posted on
Jun 06, 2012 08:03PM
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%)
Elmer dodged the $ question regarding where the company was at with financials on the webcast. They very well could be drilling right now, and Teck will get the bill as CG says, or Ernesto could be loaning money (like in the past, which was settled up later with more shares). A few options here ...
I'll be a lot more suspicious in another week or two if there is no news about the drilling. Why couldn't they drill ES and GK from last years aerialmags?