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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%)

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Message: Re: MD&A on Sedar
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Feb 29, 2012 10:01AM
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Feb 29, 2012 03:31PM
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Feb 29, 2012 03:42PM
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Feb 29, 2012 05:21PM
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Feb 29, 2012 05:22PM

I dunno...

All of these guys know within a pretty close range everything that will be in the BFS including the costs, probably within + or - 10%, of any of the details associated with the mine plan.

I find it difficult to believe that there will be any surprises in the BFS at this juncture

Given the scope of the project, this leads me toward the conclusion that there are actual negotiations underway

Nogotiations that can occur with the proviso that they would be subject to adjustment should there be any surprises in the BFS

It would be foolhardy of Teck to not be doing this assuming they have any interest in the Schaft Project

It is old ground that they will be getting it for a fraction of what it would be worth to CUU, or any other developer

So enough with the mysteries and hand wringing

Teck is either in the mineral production business or they are not

Dump or get off the pot

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Feb 29, 2012 07:48PM
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Feb 29, 2012 08:37PM
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