Re: Not Good
in response to
by
posted on
Feb 07, 2013 11:14AM
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%)
It will be something to wonder until we don't need to wonder why it was done this way. It could have been done on time for the FS, yes, perhaps, but IMO there is almost no chance that this is the result of a mistake by CUU Management. This was a multi-person decision for the good of both parties.