Re: Call to Management
in response to
by
posted on
Aug 29, 2012 06:04PM
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%)
Maybe that was your perception to my written reply. But I spoke with him and I can gurantee he was laughing at it being to low.
Vette, I am with you on this. When I spoke to Elmer and Mike at the Vancouver Resource show 2 years ago they were indicating to me that they would not accept anything below $3/sh. That was two years ago when they didn't drill up the Paramount zone or did any of the aerial surveys, titans, mira etc. Imho, I think the only person telling the public to be careful with sp expectations is Jason, who imho, is not really qualified.