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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: Silly comments about capex abound

Unless I'm missing something I'm not sure why inflation is such a discussed topic here, its not like its going to cause the CAPEX numbers to balloon. Rates will be in the 2% annual range over the 3 years. Labour costs,scaling up to 120k ptd and other factors may play a big roll in new CAPEX numbers growing but inflation certainly won't be the thing to make the CAPEX numbers get out of control.


Nov 14, 2011 09:07PM
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