Re: Nova
in response to
by
posted on
Oct 11, 2012 11:20PM
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%)
Good post Vette, even if you use todays O/S of 422+million vice the articles calculation of 369.50 million, it still gives us an underground net value way above what we are trading at today.