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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: Dewison
2
Apr 12, 2012 02:07PM
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Apr 12, 2012 02:10PM
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Apr 12, 2012 02:39PM

Not just the increasing demand of copper but take a look at the cost of producing copper today.

A lot of copper mines I've been reading averages over a 1 dollar per pound of copper in costs.

If the capex of the new upcoming copper mines are going up, so is the cost per pound.

1
Apr 12, 2012 03:09PM
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