Re: Teck back in or not !
in response to
by
posted on
Jul 24, 2012 12:13PM
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%)
Per webcast:
THE LAND:
''The option agreement we have, that section is not very definitive, this was an agreement back in 2002, and the metrics of the copper industry , the geo-political metrics of the world were really different then, than they are today''
''The key thing is we've been acquiring land, we've been taking up what we believe to be all the favorable land that could host mineralisation, we know alot more today''