Re: Questions for CUU
posted on
Dec 10, 2012 03:18PM
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%)
If you see page 18 of this report by PWC. For 2011, average deal size for copper projects was $193 Million and copper projects commanded the highest premium according to PWC at 46%.
http://www.pwc.com/en_CA/ca/mining/publications/pwc-m-a-industry-briefing-2012-03-en.pdf