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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: Hunch

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Nov 24, 2011 07:32PM

The clause is just an anti mothball clause. Both sides can agree to extend it. There's also the accepted practice of allowing delays where it benefits both parties. Then, there is also the notwithstanding clause and the act of god/government clause. Lots of wiggle room. What's most important is intention.


Nov 24, 2011 11:04PM
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Nov 25, 2011 09:07AM
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