Re: Quellaveco vs Schaft Creek
in response to
by
posted on
Feb 18, 2012 09:12PM
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%)
That is exacrly true and on top of that we might mine it ourselves. We have the money. (And for good reason. Our partnership with teck is much deeper than known.)