Re: Timeline and delays
in response to
by
posted on
Feb 21, 2012 02:21PM
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%)
This time around I do believe we will see the BFS on time as per Elmer's last NR. We know the BFS has been delayed because of assays being late from the lab. That is no longer the case as all assay data has been reported for the 2011 drilling. There are no Major impediments on the horizon that could delay it now so I'm of the opinion we will see it this quarter. I know alot of us have reason to doubt statements made by Elmer in the past regarding BFS timelines but much of those timeline projections were based on timelines given to him by the assay labs which were notoriously and annoyingly late. Therefore, I don't believe we will be dissappointed this time around :)