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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%)

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Message: Re: Copper @ 4.33
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Jan 18, 2023 10:06AM
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Jan 18, 2023 10:12AM
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Jan 18, 2023 11:00AM
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Jan 18, 2023 11:11AM
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Jan 18, 2023 11:28AM

Anyone else find it funny and hypocritical that Elmer now promotes and uses the old 64 million aftertax npv to compare to the new Npv from the 2021 study? I get it, he is trying to illustrate and promote the "difference" in value change from the JV studies and programs, but it's a little disingenuous considering he never accepted that old npv due to the botched issue I discussed (waste rock/inferred within block model/pit).

Back then, we never heard of that 64 million in talks, emails, interviews, presentations ....nope use ROC (2.6 billion)!

Today in several of his recent interviews...he LOVES TO USE that number to compare! An opportunist to try to illustrate his team n the JV "greatly improved" the value over many years! No, they just confirmed the old npv has merit with more drilling completed!

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Jan 18, 2023 12:10PM
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