Re: Teck CUU agreement
in response to
by
posted on
Feb 22, 2012 04:22PM
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 longer this goes on, the more nebulous it becomes to me. From the assays we know for sure that we have a sure thing. From all the what ifs and why fors, I am certainly at a loss as what is what. I learned for example that 40% is not exactly 40% even though it is in black and white. Now 4 years is a legacy. MMMMMMM I am starting to feel like Andy Rooney.