Re: New Presentation
in response to
by
posted on
Jul 08, 2012 02:00AM
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%)
Very interesting, the move to include comparatives with other properties and copper fundamentals. For sale indeed - we haven't done a great job of this in the past, so glad to see management laying out the case more clearly. Investors are wising up and want to see more detailed info/research with which they can make their decisions. Wonder if this presentation is for CUU investors or Teck shareholders?
I like how miniscule Schaft and Paramounts zones are compared to the rest of the properties. Great graphic that keeps showing the silly potential ... could there be even just one more comparable size/grade deposit lurking in the hills?
The Chinese version hasn't been updated since Nov. 2011 - management obviously not too worried about that as the info is outdated in that presentation now.
It will be a bit of a letdown when all the sleuthing and guesswork for CUU comes to an end (this year, I say). It's been so much more fun than the stories of most juniors out there right now. Many here waiting for vindication, may it come soon. The BFS is going to feel like an early Christmas present when it drops finally.