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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: Resource Estimate
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May 02, 2012 02:37PM

But it was this RE that led to the big sell off below $2.

Ppl were disappointed in the amount of copper but they didn't realize all Elmer did was raise the grades cut off. Instead of 1.3 billion tonnes, we are at 1 billion.


This is why I'm really looking forward in seeing the higher grades of paramount zone included in the updated RE.

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