Re: Copper Fox reports 2011 annual financial results and a corporate update Copper
posted on
Feb 28, 2012 05:21PM
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%)
I wonder at what extend can TECK ask TECTRA and CUU ,to add this, remove that, redo this, redo that in the mine plan indefinetly in order to postpone the FS ever and ever until they can make up their mind or get the funds or partners to take a decision? Any thoughts?