Re: Hard BFS copy to Teck.
posted on
Dec 06, 2012 02:26PM
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%)
Not even sure what the term over-pay might mean
As the now confirmed mineralization over the bulk of the claims is seriously explored and firmed up, I don't think anyone has a clue what that piece of ground might be worth