Re: Both Sides of the Picture
in response to
by
posted on
Feb 11, 2012 04:11PM
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%)
The "Funds" also went directly into CUU Coffers where it would be available to further the ultimate cause.
Yes..and if CUU needs more money all Ernesto has to do is purchase the warrants that have been attached to all the latest PP's and bingo.