Re: price bid
in response to
by
posted on
Dec 07, 2011 05:14PM
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%)
I think that any bids would have to be made public.Too much at stake for them to fool around without disclosure.I think the run up in spring was a real valuation coming through.The low price we have now is game playing.