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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: A Mine Someday
5
Aug 19, 2016 02:01PM

Thanks for your reply sydneyb. I knew that post wouldn't be well recieved but I would rather post an honest opinion than seek popularity. everything you said may be true and they aren't ready for the power supply so that's why I didn't mention it.

The big dissapointment for me was the dropped EA. they've had a multiple of the time required to optimize the pit. they have drilled the areas of interest to facilitate a better understanding and if they needed more info the cost of a few more holes is chump change to them. there hasn't been any real info released by anyone since they took over and a good example is the Mira electromagnetic study we paid for.

I like the Van Dyke project though I can't see where the 15 mil. is going to come from, so I hope it just gets sold as is, and the Carmax buy could be incredible for the future if their bungling doesn't result in an adverse court verdict, in which case it's worthless.

I'm still holding nearly half a million shares so I'm not trying to shoot myself in the foot, I'm merely trying to be objective because, to me, it's time to take off the rose coloured glasses and face reality, it may take a long while for this to get going, and even longer if the market tanks. I'm getting old and never intended staying this long at this party..best to all..chunky

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Aug 19, 2016 06:49PM
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