Re: When Will News Come?
in response to
by
posted on
Sep 17, 2012 01:14PM
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%)
Until the project begins the heavy buyers will not move, as in 2017? Or Teck actually making their move?
If you have the time at some point, I would be interested to know what your opinion and analysis is, if only a thumbnail sketch, in regards to the possiblity of a buyout versus a back-in, webgogs. In particular as to what this looks like to you with the lack of release of information within the last couple of months.