Re: My thoughts/opinions on why CUU is down
in response to
by
posted on
Aug 22, 2014 12:25PM
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%)
Yes, and in this new deal to a post-CUU partner, I'm speculating this would be where Teck would announce the results of the optimization results to their shareholders, to show what a great venture Schaft Creek will be, with this new partner.
I'm guessing this is possible because with EE having a controlling interest in CUU he can say in the meeting with Teck that the deal is done and the optimization studies are not made public to the rest of us retail shareholders.....I think.
K