Re: Don Lindsay's comments on Schaft Creek
in response to
by
posted on
Sep 20, 2020 02:50PM
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%)
CanadaG & MoneyK,I agree with BOTH of your comments, but if it is in the company's best interest to provide for the shareholders, then Don Lindsay and Elmer are not doing their jobs by holding back providing 1.8B CAD in revenues (year 1-7). Their copper revenue in 2019 was 22% of gross profit ???? Schaft creek "would be what...probably 60% to 75% ?"
They are not only taking money from the shareholders pockets, but their own ! Maybe they don't care but I do.