Re: M&A
in response to
by
posted on
Mar 28, 2021 08:06PM
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%)
And as has been mentioned here before there are other factors than cost to get the metal out of the ground that should factor into the deal CUU can get for any of their properties. Here's a couple:
1. Indigenous folks on side
2. Environmental condition (a major factor for me getting into CUU in the first place)
3. Exploration potential
4. Permitting obstacles
K