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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: Not Making Sense
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Dec 12, 2011 12:50PM
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Dec 12, 2011 01:02PM
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Dec 12, 2011 01:07PM

I know if we wait for the RE it will be significantly delayed. I just think it is the logical thing to do. Read Chappy's assessment about the revised tonnage in the Paramount Zone. . . we need that to be included in the Feasibility to make it a viable document. The whole point of the FS is to define the starter pit and the economics, isn't it? To be true to the size of the deposit we really need to make that document reflect the true situation, rather than the outdated one.

Believe me, I'm not asking for it, I just think we might be headed in that direction.

How are we going to pay for the delay? That's what is bothering me now. What are the costs without drilling? I guess I'll have to go to the Vancouver conference and see if I can ask someone.

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Dec 12, 2011 01:19PM
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