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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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The 50% Rule
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Gordy Sez
Oct 11, 2012 05:04PM
Re: The 50% Rule
4
Nav2006
Oct 11, 2012 05:18PM
Re: The 50% Rule

Gordy Sez
Oct 11, 2012 05:26PM
Re: The 50% Rule
7
deeppocket83
Oct 11, 2012 05:30PM
Re: The 50% Rule
1
Nav2006
Oct 11, 2012 05:32PM
Re: The 50% Rule

Gordy Sez
Oct 11, 2012 05:34PM
Re: The 50% Rule

Nav2006
Oct 11, 2012 05:36PM
Re: The 50% Rule
1
deeppocket83
Oct 11, 2012 05:38PM
Re: The 50% Rule

Pat66
Oct 11, 2012 08:39PM
Re: The 50% Rule

Nav2006
Oct 11, 2012 09:20PM
Re: The 50% Rule
4
Pat66
Oct 11, 2012 09:26PM
Re: The 50% Rule
3
Spitfire191
Oct 11, 2012 09:27PM
Re: The 50% Rule
6
Pat66
Oct 11, 2012 09:29PM
Re: The 50% Rule
2
Nav2006
Oct 11, 2012 09:31PM
Re: The 50% Rule
3
Pat66
Oct 11, 2012 09:35PM
Re: The 50% Rule

JayJ
Oct 11, 2012 10:44PM

The gold eq stands at about 20 million ounces. The current buyout price is a bit over $745 an ounce and that number is clearly derived. That's close to $15 Billion after the cost of money. Just our share of that resource is worth 3.6 Billion. Now add the earn back and the port facility and the other lands and the signatures outside of the area of interest. $2.50?? Not possible.

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