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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: My changed expectations
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Mar 06, 2013 10:23PM
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Mar 06, 2013 11:07PM
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Mar 06, 2013 11:20PM

HOGHEAD, respectfully, so many words to say very little. Teck can't back in for more than 75%, so we can't end up with less than 25%, reduced to 23.5% when all factors are included.

What is that worth, over time, with many billions of dollars of metals in the ground.

The question has never been, what is the resource worth, instead it's always been when. we're burning through the earths metals at an alarming rate. I wonder what they will do in the future, mine the dumps?

Today was a milestone, IMO, and we've moved on to the next phase, and with each new achievement we get closer to the goal.

I can't say you soft bash, but I'm not a fan of your enthusiasm......chunky

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Mar 06, 2013 11:55PM
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