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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: RE in May?
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May 28, 2012 04:38PM
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May 28, 2012 04:41PM
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May 28, 2012 04:45PM
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May 28, 2012 04:55PM

A while back I asked the board for an opinion " how long should it take to upgrade a RE " and the consensus was two months.

the last assays were reported mid Feburary, that's 3 and a half mos. to punch in the new numbers and compute the new volumes and grades.

I believe the co. has had the new RE for some time now and witheld it while they were negotiating the recent claim purchases and ones they are possibly working on now.

If I am right, they could advise callers,, with confidence, that it will be out by the end of May.

If I'm wrong, then we, in Canada, have some of the most incompetent and unreliable engineering firms in the mining world. I don't believe that to be true.

I'm hoping for Wed. or Thurs...but it may be wishful thinking...chunky

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May 28, 2012 05:42PM

May 28, 2012 05:49PM
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May 28, 2012 05:52PM
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May 28, 2012 06:23PM
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May 28, 2012 07:28PM
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