Re: Out of left field
in response to
by
posted on
Jul 09, 2012 12:44PM
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%)
They may be nice but it seems like a total disconnect from what they claim to be trying to achieve - which is to get this over and done with and move on. If it were nearby, I may understand but this just seems like a bizarre move to me given the timing.
Then again, I don't claim to understand a lot of what goes on behind the secretive silence at work here.