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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%)
Message: Copper Production
As Ive said before.....copper production is only going to increase with the industrialization of Asia....2.5 billion people in what will be the biggest market on the globe.
Current copper consumption per person is about 22 lbs in westernized nations....its only approximately 1-2 lbs in developing and industrializing nations.
Charts looking mighty fine to me.......deposits like Schaft Creek will be implemental in keeping this chart parabolic.
Rogue,
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