Re: And for those who are NOT interested ....
in response to
by
posted on
Jul 25, 2012 12:03AM
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%)
I believe the 4 year clause is within Liard. I think Prospekt is better versed than I with this regard. Once we recieve our portion of the Liard shares upon BFS release then it plays a role.
That being said, I believe Elmer has mentioned it publicly and perhaps during the webcast/conference call. Can someone else confirm that this is the case?
Hopefully someone such as Prospekt or Vette can shine some more light than I can.