Re: When Will News Come?
in response to
by
posted on
Sep 17, 2012 12:40PM
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 disagree. I see both the BFS and the Teck decision as major movers of our stock price. The BFS is significant because it will be the first economic data on Schaft Creek in over 4 years. A lot of things have changed for megaprojects in the last 4 years. If we can prove that we are economical despite these changes then the market will certainly notice.