Re: Show me where bankable and positive...
in response to
by
posted on
Feb 15, 2013 03:41PM
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%)
The Goldilocks principle
Not too small, not too big...just right
And Elmer would have us believe that if they had drilled they would be required to publish an updated Resource Estimate with all the bother that would entail
Would like for some of the folks more familiar with applicable law to comment on that
If you have recently published an RE, and you continue to explore, and drill additional holes, is it mandatory to publish an updated RE if you drill
You cannot drill without issuing a new RE?
(see naive comment earlier)