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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: Re: Over Investd?
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Nov 13, 2012 04:54PM
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Nov 14, 2012 12:03AM
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Nov 14, 2012 09:00AM

The only reason I mentioned TT'd ball dropping was because you said they made an unofficial deal a while ago (speculated) and they needed time for Galore and that's where the delay came from. Sounds great, but why would TT be like "No problem guys, we'll take the heat on the delay". I'm stating that the delay happened because TT was understaffed and undertalented during our write up (leading to an almost done, but poorly crafted BFS) and NOT because of some backdoor negotiations with Teck. Silver was more likely an excuse rather than the reason.

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Nov 14, 2012 09:09AM
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