Re: Sooner than later
in response to
by
posted on
Jun 07, 2012 01:19PM
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%)
I'm not trying to be cheeky but... won't we get paid more for a district of multiple zones of proven mineralization vrs the incremental increase in pounds added by the same amount of drilling?
It would take us years to double the resource at SC depost (i.e. "12 billion pounds"). It should only take this season to demonstrate one or more of our zones as significant.
Sure bigger is better. That's why I think new, demonstrated, mineral zones with drill assays are 'more better' than incremental increases to the SC deposit.
I don't get the sense that TCK communicates with CUU about what to do outside of BFS related matters. Beyond BFS and the Agreement, any drilling and exploration is our business.
jmho