Re: What is CUU worth to the Chinese?
in response to
by
posted on
Dec 06, 2012 09:53AM
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%)
It's rare for a small exploration company to have control over such an amazing and rich parcel of land, therefore the word "rare" in everysense is very much in play here.