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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: The 50% Rule
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Oct 11, 2012 05:04PM
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Oct 11, 2012 09:20PM
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Oct 11, 2012 09:31PM

It's gonna cost them....they will not get 50 years worth of minerals for 2-3 $ a share. SC is 2 billion NPV. But EE and ES know that all around, after doing their DD, perhaps there is 2,3,5 times the amount. They will not add this to the deal for free. Vette was saying, it's only 2% of the land that has been worked on.


Oct 11, 2012 10:44PM
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Oct 11, 2012 10:56PM
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