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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: Level 2: last shakeout before RE?

I guess I'm just easy to impress

When I began my DD on this, I encountered these numbers from the PEA:

"The PFS indicated Schaft Creek could produce approximately 4.8 billion pounds of Copper, 255.1 million pounds of molybdenum, and 4.5 million ounces of gold and 32.5 million ounces of silver over a 22.6 year mine life."

With the additional information that, based on mineral values at that time, and without the NTL, the estimated cost to produce copper was -0.32 cents per pound

It is my understanding that we will see improvement accross the board in these catagories

I know the market seem to be unimpressed, but I have seen much silliness accompany trading around early results of companies reporting a fraction of this quantity of mineralization

...like folks go crazy if a million ounce gold strike is reported

Not real sure how they can continue to pretend like this thing is not there and an updated RE, with the improvement we are expecting based on drill data reported, will sure as heck impress me, but then I am already all-in....

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