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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: Rio Tinto gets offer
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May 10, 2013 02:34AM
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MES
May 10, 2013 04:12PM
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May 10, 2013 04:18PM

It's supply and demand. The more projects there are for sale the more prices will get pushed down. This has been reflected in our share price.

BHP sold Pinto Valley. Rio Tinto sold Northparkes. There are other asset sales in the works as well. The good news is that there are some buyers with money in hand as well.

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MES
May 12, 2013 10:51PM
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