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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%)

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Message: Re: Patience Proceeds Profits
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Challenges as to the interpretation of the agreement have been discussed before. Would seam as if the Elmer hedge is a cautious approach to mitigation of the potential pitfalls.

Tossing back wiffle balls maybe better than playing on the sandlot diamond even if we have home field advantage right now.

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Dec 21, 2012 01:13PM
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