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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: $1.05 might have been the final straw
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Jan 16, 2012 02:46PM
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Jan 16, 2012 09:33PM

China's challenge is to provide housing and all the supporting infrastructure for 320,000,000 rural folks that are moving into China's cities over the next 15-20 years. Even if the GDP goes down they will still require copper etc. to do the job. I would hate to see 320,000,000 cheezed of people, and I am sure the Chinese government feels the same.

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Jan 17, 2012 01:05AM
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