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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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Some industry folks and pundits believed that the famous copper deficit could manifest as early as now,mid 2016.

With so many prediction proven wrong,it seems nobody can safely make a prediction.

Maybe we must get to the end of the decade to get into the deficit.

It gives time to latecomers to build mines to catch the next cycle very near the start.

I must admit that sub 3$ copper irritates me.

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Jun 07, 2016 04:21PM
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