Re: Just talked to Kathy......generaled...
in response to
by
posted on
Oct 16, 2012 02:29PM
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%)
Both Mike and Elmer said they only want to see the final numbers (which will be in the BFS) plus or minus 2%. They don't want to consider any number that won't be representative of the final BFS. I assume then they will be able to exrapolate what a "fair and resonable" deal is for Schaft. Don't have any idea how they will add on for the 100% owned property, the port storage facililty, the Mess road, the Liard shares, the boxes of copper fox hats, etc.