Re: My thoughts on 40%

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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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JayJ

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Re: My thoughts on 40%

posted on Aug 31, 2012 01:31PM

I agree. If they want 40%, they can backin for 75%, buyout the remaining 25% and sell 60% for cheaper than backing in for 40%.