Re: No kisses while I'm getting the schaft?
in response to
by
posted on
Sep 07, 2012 02:50PM
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%)
Funny that CUU management stopped making any opinions on the negative value of the production cost after the AGM, when BMO CM came up with that $-0.04 value.
He told me he didn't think they used the silver..
In a past conversation when comparing Galore with Schaft (Teck is still spending money on Galore btw)..Elmer said he was afraid that people would not believe the numbers, as in how much better Schaft is to Galore (economics).
This whole time Elmer was just making sure that they have all the proof to back it up. Everything has been verified 3x over. Nobody will be able to say ''hmmm can you check that again''
Teck won't be able to stop the clock.