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Message: Re: Talk with CC lately?

Nov 06, 2008 05:10AM

Nov 06, 2008 06:55AM
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Nov 06, 2008 07:16AM

Yes we all grew accustomed to getting drill results like clockwork every 21 days. So did the traders. As it was so predictable CC decided with support from the board to only release results no sooner than quarterly.

If these holes were step out drilling then perhaps it could be seen as withholding material information but since they are almost exclusively infilling then they can be released on a less frequent basis.

There is 1 drill in the new area and results have been sent for analysis. Now at the end of the year with our flow-through commitment reached CC may suspend drilling in the new area for the time being. By then there will be a sufficient number of holes to study to see if they will continue? This area was not just to look for more moly as with over 700mil lbs we really do not need anymore as we already have a 31 year minelife. It was also to make sure we do not put tailings or build the mill on top of a moly resource.


Nov 06, 2008 10:49AM
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Nov 06, 2008 11:56AM
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Nov 06, 2008 03:30PM
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Nov 06, 2008 04:16PM

Nov 07, 2008 02:40AM
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Nov 07, 2008 08:45AM
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