Re: With or Without Teck , CUU is moving forward !
in response to
by
posted on
Mar 25, 2013 08:13PM
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%)
I missed this the first 2 times I read the NR.
"The average timeline from execution of the facilities agreement to energization is six months to three years, depending on the complexity of the project and the resources available."
Six months to 3 YEARS? That's a big span of time for an average timeline.
Please Teck, buy out CUU 100%, so we can move on.