Re: While we wait
in response to
by
posted on
Feb 18, 2012 07:45PM
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%)
Teck might have a full enough plate already and back-in for only 40%
Yes and if they do they must spend 240 million in expenditures : 96 million going to their portion (40%) and 144 million going to our portion (60%)....
And then we get to sell 60%