Re: My thoughts
in response to
by
posted on
Mar 25, 2013 04:12PM
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%)
there is a cost to keep huge amount of cash idle for 10 years just to begin getting a few back. talk about bad ROI. That would not be worth it for me