Re: What Vette said- the flip side of the coin!
posted on
Oct 28, 2012 05:15PM
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%)
"Why would he do that?? "
I have no idea, but the fact that you can't stop speculating and pushing your opinion on this is telling, eH? But this is just my opinion.
By the way, EE stated publicly at the AGM that he will provide as much financial support as in needed! So to give you my opinion of why he only used 1/2 the PP, well maybe that's all that was needed?