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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: As for news
1
Sep 04, 2012 11:25AM
This news release IMO is merely a "shot across the bow" of Teck. The FS is done. Keep in mind that the calculations for the sensitivity study can be done in an hour or less. Don't know about Mira, but wouldn't be surprised if it also could have already been released by now. My concern is that they stopped drilling, apparently before they had an initialed draft of the agreement. I question the wisdom of that decision. Same as a coach deciding to go to a "prevent defense" with 5 minutes left in the game because he has a 1 touchdown lead. Rip
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