Re: Conference Call Opinions
in response to
by
posted on
Jun 05, 2012 01:48PM
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%)
That's a fair assessment. I just keep getting the impression that there is not a rush. When I spoke to Jason at the Cambridge Show in Calgary that's the impression he gave me. Not to say they weren't excited about the huge resource they have, but more the sense that it takes time to get these things done right. If that's the case and the BFS is not imminent then I just feel that we'll drift sideways to down for a while.
I'm not selling, but some will until we get a little closer to BFS release. They'll be lucky to get back in...