Re: Perfect Storm about the BFS
in response to
by
posted on
Jan 15, 2012 07:31PM
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%)
They have to use outsiders because the deal has to represent us fairly. A small part has to do with their interests. Likewise, an offer has to be submitted to a fairness review for the same reasons.