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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: What the new BHP CEO thinks
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Jun 07, 2013 08:44PM
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Jun 08, 2013 06:13PM

Jun 08, 2013 06:31PM
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Jun 08, 2013 06:34PM

Just the same.......that is quite an encouraging post.

The head of BHP giving his point of view about upcoming challenges to the mining industry.

Huge increase in the middle class, worries about shortages in the supply of metals.

Stating their preference for jurisdictions that sound a lot like ours.

This increase in the middle class is happening now and he was only pointing out the projected numbers for 2050. The years 2020, 2030, 2040 are also significant

In the year 2050 the area we invested in could very well still be producing much needed resources.

We may want out now and be frustrated with the past. But the fact that these guys are looking at the long term will be money in our pockets in the more immediate future.

We just got to hang in there a bit longer.

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Jun 08, 2013 11:02PM
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