Re: Buyout / Webgogs - Vette, General Ledger /Pat66
in response to
by
posted on
Jun 05, 2012 05:18PM
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%)
The question of a 2.0 was in the value of the name. It has a reputation as a winner and more so when the game is over. Keeping it retains the recognition and that's an advantage in fund raising. It may also mean getting contract to explore for Teck.