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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: Timeline

I just read through the MD&A and noticed that 2 peer reviews are required. The sequence of events is:

1. Complete the mine plan - DONE

2. Review the mine plan with peer group and external group

3. Complete the economic analysis

4. Review the entire Feasibility with peer group

It sounds like we are only on #2. If that is the case then we badly missed the Sept deadline of completing the feasibility. It appears Elmer hid a fairly major delay from us.

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Sep 26, 2012 03:36PM
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Sep 26, 2012 03:38PM
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