Re: BFS Release Completion and Delivery
in response to
by
posted on
Sep 20, 2012 06:49PM
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%)
They had 2 NR's on the same day. They weren't consistent, but that's probably an oversight. This has been discussed before however.
The PP news: The Feasibility Study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed mid-late summer, 2012.
The property news: The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed in September 2012.
If you look at the two, the words "Feasibility Study" is capitalized in one, but not in the other. Maybe that's a clue!
Seriously though, we can expect it to be completed by September. At latest a NR in the first week of October. At worst not all of the results. At best, we get it sometime early next week and we get the full report/the major results. The Teck clock starts, and we wait for a backin/buyout news.
Stop panicking early. Just wait. You've more than likely already waited a few months, or for some of us years. Under 2 weeks for the biggest milestone that 95% of juniors don't even get to and you're panicking? Relax. It'll be here soon.