Re: Teck CUU agreement
in response to
by
posted on
Feb 22, 2012 03:55PM
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 probably correct.
However, in my opinion, part of why we cannot get any market traction is because of the complexity of the back-in language.
Lotta folks will flat refuse to invest in something they can't understand, and that is certainly the case here.
We don't even understand it and some of us have been at it for several years...