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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: Elmer and BFS

Sep 19, 2012 06:01PM
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Sep 19, 2012 06:09PM

No there should not be any surprises for Elmer in the final version of the Feasibility Study. Technical reports like the Feasibility Study involve constant input from both the Company and the Consultant. Elmer has likely already reviewed and commented on several draft versions of the Feasibility Study. The Consultant is not simply a "black box" that spits out a technical report.

That being said, the March delay still has me quite confused. Under normal circumstances, it should be virtually impossible for the Consultant to surprise the Company with an incomplete report only weeks before the deadline.

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Sep 19, 2012 11:05PM

Sep 19, 2012 11:10PM
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