Re: Conference Call Opinions
posted on
Jun 05, 2012 05:47PM
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%)
My notes have ES saying BFS delivery late August /early Sept as well.
Any time in Sept is fine with me. We should have 3 or 4 drill assays from Discovery and /or other targets by then which will hopefully demonstrate our district's potential. Plus Amags, 2012 Titan and probably another swath of claims LOL!
I think I can already hear everyone clamouring for the BFS on August 1st LOL! Sooner the better but these things take time.
Did anyone hear Mr Stewart say that the Moly concentrate was going to China too? (first slide It wasn't a direct statement but the Moly production seemed to be headed to the port at Stewart as well. The PFS pegged the Moly concentrate for North American markets. It might not be what Mr Stewart said.
A big thanks to Elmer, Jason and CUU in general for the Webcast. Some of the call in's were gong shows but I believe the CUU side of the effort was top notch.