Re: opinion of copper outlook
in response to
by
posted on
Mar 19, 2015 06:52PM
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%)
biggerbob...u r right on the money!
"Regardless they are still paying for all the work being done at SC up to 60 million and that's Great for us:)"
and imo, $6.5 -$7.3 Million on pre-op planning to date, is a drop in the $60 Million excavator bucket to what we are to be carried along for the ride with.
(if we aren't lovingly kissed goodbye with a sweet buy-out in the meantime)
sb