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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: NPV of cashflows
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Jun 23, 2014 12:22PM

I agree, they have a fiduciary obligation to invest the money with a minimum of risk, but if the approvals progress well, the income stream is very compelling.

Just like the toll roads, port authoritys etc, they partner up to reduce the risk.

All of this is just musing while we wait.

How many of you recieved a PM from Vette. I thought it was interesting, after not hearing from him for such a long time..curious.......chunky

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Jun 23, 2014 12:51PM
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