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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: And for those who are NOT interested ....
1
Jul 24, 2012 08:14PM
I believe the idea as confirmed by management multiple times was to sell Schaft Creek. I don't Think production is in the cards. Like most other investors, Ernesto wont want his money tied up too long, however if he's getting a bit leery with the macro picture it might hasten a sale. I've said before and I'll say again, I believe we'll be well compensated, but we aren't in the drivers seat. Rogue,
1
Jul 25, 2012 12:07AM
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