Re: What is up with all the conspiracy theories?
in response to
by
posted on
Feb 05, 2013 10:28PM
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%)
That is a different issue
We have met the BFS standard per agreement
We have earned the Liard interest
We do not have to do anything else to gain the full interest
Teck has to decide what they want to do
But we do not have to satisfy a 12% NPV bar