Re: News! Very interesting
in response to
by
posted on
May 10, 2018 09:52AM
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%)
No problem! Should have provided a link. Few comments about this:
1) The company never enjoyed wasting money on a IR & PR firm.
2) The contract is only 6 months ending in October, with monthly services thereafter on notice
3) Finally the company is trying to promote itself to the broader market forces
To conclude, the timing is interesting to say the least and points to a direction of a future sale. The end game is insight, the dark tunnel is showing hints of light.