Re: Spoke to Elmer - tommy2tone's response
in response to
by
posted on
Dec 12, 2012 04:58PM
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%)
Metacomet, good point.
I suppose it could be argued that the concurrent reviews of the completed BFS means that the BFS isn't complete until it's been reviewed, notwithstanding the fact that it wouldn't be reviewed until it was complete. Such circular logic can make one's head spin. I suppose it could be further argued that if the reviews found flaws in the completed BFS they would render it incomplete. I'm guessing that's what happened here.
Edit: just read your follow up post. The above still applies... I think...