Re: Copper Fox Annnounces 2017 Schaft Creek Program
in response to
by
posted on
Feb 02, 2017 07:16PM
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%)
Yes teck is probably paying that millio dollar but CUU will still burn money for another year, paying for the sandpit, for Elmers salary ... did nt check the piggy recently but you can bet on another dillution between now and next year imo, Im extremely frustrated. shoulda sold at 17 cents and never look back.