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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: Sombrero Butte project.
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Jul 09, 2012 09:40PM

Didn't anyone read what I posted about the general climate for mining in their district?

The gov't has to appear to be minding the fence there. They will be delayed and don't know how long. They want to appear to not care. If the gov't sees Teck start up here and buy an iron producer they will get the message. Then Teck will delay that project longer than the gov't as a message. Other companies will say they are also going to delay things. Doh, there goes billions. You get the idea.

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