Re: Questions for CUU
posted on
Dec 10, 2012 11:50AM
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%)
"Maybe you mean opportunity cost? For those with intended next investments taking off, well opportunity cost is real and is as much the reason for our frustration as the 'longer-than-company-represented' wait."
In addition, those who took the company's words and believed that the BFS would be released a year ago or by late summer and planned their finances accordingly may have to taste the bitter and rotten fruit from being too trusty! JMO