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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: MERKEL
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Jan 29, 2012 09:55AM
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Jan 29, 2012 10:06AM
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Jan 29, 2012 01:47PM

Jan 29, 2012 01:50PM

Jan 29, 2012 01:51PM
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Jan 29, 2012 01:53PM
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Jan 29, 2012 02:00PM

That was an excellent article Orcinus. It leaves one with the idea that the EEC has itself in a " Damned if you do, damned if you don't " situation. Fortunately in my mind the effect on CUU should be minimal as the world will still need copper in the future and our situation should be resolved in the next six months ( yes I realize we were saying that in April 2011). Secondly I doubt Teck or other suitors will develop cold feet because at the very best this project will not produce for at least 3 more years and by then I expect the world will still want large quantities of copper and as we are seeing gold is starting to move again which can only benefit our overall net worth.

Gusto44


Jan 29, 2012 03:24PM

Jan 29, 2012 03:41PM
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