Re: Copper Fox Feasibility - Measured vs Inferred vs reality-Cross
in response to
by
posted on
Dec 28, 2012 11:04AM
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%)
Good point Brad, that also appears to be the problem with the markets when he comes to valuating CUU. It sure seems like there is no clear direction on where it should be trading. Makes sense that there is no baseline to compare CUU to and until we here from Teck we may have to be patient with the stock price.
GLTA