Re: Where r our Magnetics?
in response to
by
posted on
Jul 17, 2012 12:55PM
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%)
Are the drills turning? I sure hope so!!! At least one drill was to have started in the first week or so of June and another not long after. The first drill should have finished one hole and a better part of a 2nd hole by now. I would think that one long core assay should be in the news here soon.
I think your question was rhetorical (?) ... yes there seems to be a very little info on what is going on at SC. What kind of message that might tell us is unclear.
It could be very good - they found so much in the Aerials that they are willing to take some heat from investors and let the SP drift for a bit before unleashing a documented District on the world...
...Or it could be very bad - the 2012 aerials didn't find much and they are hoping that Mira can squeeze something meaninginful and valuable out of the Aerials.
Or anything in between LOL!