Re: Just spoke with Lynn at CUU
in response to
by
posted on
Nov 02, 2012 02:16PM
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%)
I just spoke to Lynn Liddy, we both read the post. She laughed and said ''that's not what I said.'' So here are the requested corrections:
1) She does not know and would not know if David and Ernesto are blacked out or not. She said they aren't considered insiders.
2) She does not know if Feasibility is finished or not. She said no NR has been released (sticking to the books here). She said she won't even know when it's released because Mike would be the one sending this one out.
3) She said Merit started the review 6 weeks ago and knows nothing more. We know from Elmer that it took them 7 days to complete.
4) She said for all she knows it could be out Monday.
She doesn't know anything more than us, only what previous NR's have stated.
Please feel free to call her and confirm everything I just said.