Boxxer out with news.
in response to
by
posted on
Dec 06, 2012 10:06AM
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%)
So at least we know Elmer hasn't left the country. Won't say a peep about CUU but out with news for BXX. What would be normal for NDA 60-90 days? So go back to the end of September. The company stated that the final strokes were happening, along with reviews had been completed in 1 week. All of a sudden everyone is in a blackout, and counsel says don't say anything. Late November 60 days / late December 90 days. Where did the December 20th date come from? All along CUU has said they wanted to start the clock. In my opinion the clock has started and it isn't 120 days it is down to 14-15 days max with Teck openning the wallet. Elmer and the lawyers are smart they have Teck where they want them. We will play nice or the world will see the BFS with numbers that will be hard to believe. Who wants to be part of mine building for free and cash flow for the next 50-100 years. As well it will be complete in 4 years or its all yours of and by the way you get to be in control for the first 500 million in expenditures. Going once, twice sold to Teck for ................. Merry Christmas.
Cheers