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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: If delayed again
We are beeing played. I work for one of the worlds largest engineering companies. I have never seen a plan - which seemed to be almost ready in march this year - beeing delayed as much as the cuu bfs. As far as (environmental) permits are concerned delays for more than one year are not unusual, but almost a year delay for a bfs nehhhh. Maybe the results of the bfs a published tomorrow, maybe they are holding up for teck. From the presentations I get the feeling they have no deal yet. As long capex is low and the production cost per pound of copper is negative we will go up. Feeling kind of abused!
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Sep 20, 2012 03:04PM
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