Re: Conversation with Elmer today - Q2
in response to
by
posted on
Apr 02, 2013 09:14AM
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%)
Thanks Liddy.
I have some issues with Q2. His answer seems to state that the FS was a brand spanking new document that needed to be reviewed and that it was the first time they had heard of the deposit and all it's technicalities. What happened with the partnership and working with Teck? Anybody?
Also with question regarding Plan B. It seems that plan B could have been started a year ago with the waste drilling. We would have the results by now. Why was it put on hold? Either they are really confident about Plan A and didn't think Plan B would be needed so why spend money or they just took the wrong door and now waiting will be Plan B.
Sorry guys about this hint of negativity this morning.
P