Re: September's running out fast
in response to
by
posted on
Sep 17, 2012 02:57PM
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 read somewhere that Elmer said the BFS would be issued mid-August/early September, then somebody else said it would be released in 'September'. Then I read that Elmer would have the completed BFS in his hands a few weeks before being made public that so that it could be checked, double and triple checked - that means it's possible he got his copy of the BFS mid-August/early September. Now, surely the BFS was tripled checked before he even got a copy, so what is holding it up from being made public? Please don't say Elmer is waiting until the last minute again because his modus operandi is getting very boring. MTS
Read the NR's. The deadlines "change" from late summer to "September". Why change the language if you didn't think for sure it would be out before the deadline of "late summer"? The difference in language is only a week and a bit (September 21st opposed to September 30th).
We have no reason to think Elmer has the final copy of the BFS now, although he's surely seen the report - and most likely the key and important figures are there and won't be changed much, if at all. He could very well get the BFS September 21st, it's still on time - but that doesn't automatically mean NR same day. That's all I'm saying.