Re: an interesting proposition
in response to
by
posted on
Nov 08, 2016 06:07PM
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%)
you're way ahead of yourself, revised FS is not due the optimization is due. And, it may be 'soon.' It's been delayed enough times already so don't count on it, and we'll likely not see it even if it's finished Elmer has already stated that. We only see it if Teck publishes it, and they don't do that, CF can't release it Elmer is not the qualified professional. Yes we could redo our FS after receipt of the Opt.
Shoulda woulda coulda, should have dumped all of this POS and bought our master. Got some at $7 and $10 but couldn't back up the truck have too many shares here to get rid of. Can't talk myself into buying any more. If the opt is delayed I'm out in Q1, rising tides won't raise this boat with Teck's anchor around our neck. Mine committment will only save us.