Re: hmm - deeppocket
in response to
by
posted on
Apr 18, 2013 06:07PM
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%)
Elmer: "Great! But I cant sell till Teck makes their intentions known"
Its not for Elmer to say no, it's up to Teck. CUU would entertain offers from all right now and Teck would be forced to exercise their right of first refusal.
With the support where its at, that tells me no one else is currently interested.