Re: Just talked to Kathy at CUU Calgary Office
posted on
Oct 16, 2012 02:05PM
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%)
You don't need to swallow the pill unless you no longer expect that the wait will be worth it, which I doubt is the case. If we come out of this with a 400-500% from the current price, then the increase in other plays will have been like a bad dream (for a little while anyways).