Re: Van Dyke News
in response to
by
posted on
Feb 03, 2015 01:15PM
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%)
Again you changed the actual document, I don't get why
"
The recommendations for future work on the Van Dyke project set out in the Technical Report are:
Elmer B. Stewart, President and CEO of Copper Fox stated, "We are very pleased with the recommendations of the Technical Report. The existing resource and the fact that the mineralization remains open indicates the possibility of increasing the potential size of the Van Dyke deposit. The recommendation to proceed to preparation of a Preliminary Economic Assessment (PEA) at this stage of the project is encouraging."
"
These are ALL recommended. None of these have to happen and are completly at the choice of CUU. It is all optional, we don't have to do any of it if we choose. We could try to sell it right now or do a PEA right now. In fact at the bottom it even says "The recommendation to proceed to preparation of a Preliminary Economic Assessment (PEA) at this stage of the project is encouraging"