Re: September's running out fast - JayJ
in response to
by
posted on
Sep 17, 2012 04:40PM
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%)
The 4% haircut we took today pretty well confirms that the BFS is probably still weeks away from being released. Its impossible for an NR of this importance not to be leaked 1 to 2 weeks early. CUU is showing no signs of any leak. I realize that the BFS release may not have that much of an effect on our stock price, but the time frame leading up to the news should.