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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: New Presentation
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Jul 08, 2012 05:17PM

I think Elmer's numbers will be better.

He went throught the PFS and turned it left , right and upside down...alot of things he said could have been done better and he has. He'll also go through 10 contractors in various countries for every discipline just to get the best rate and quality. He's the optimisation king.

He did say in his public presentation that he would reduce the capital cost or keep them in the range of 2008: 'we think we're going to be able to do that'' AND ''get the payback period down as quickly as we possibly can'' Summit Oct 2011


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