Re: Brent cook on bgm. Found this interesting
in response to
by
posted on
Aug 01, 2012 01:37PM
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%)
The news letter pretty much called people by name and accused them of fraud. It implies the whole upper management or in on scamming the public in what would be a multi million dollar scheme. The drill results and methodology are over blown but a criminal deception? I have 1 geo's opinion on this and am awaiting a second. The first opinion is that the heat will come but there's still gold in the ground. I expect the second opinion to be the same.
If a smoking gun is found I'll post about it.
From the Cook paper...
"As a geologist, I will steer away from commenting on some corporate anomalies at Barkerville such as the recent resignation of a couple and the very short tenure (45 days) of a CEO appointed in early March. "
Really!?