Re: Thoughts - those Yummy Gingerbread Liard Shares
in response to
by
posted on
Dec 27, 2012 06:14PM
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 for some reason Teck and CUU could not agree on terms ( Unlikely). Teck is still required to declare their earn in percentage within 120 days? Correct?
I agree if Teck wants in they will buy us outright.
On another note,
Once teck takes out CUU, they will at a later date have a Nice NR for their shareholders on SC.
With a little more spending and optimization the BFS could be dressed up to look pretty hot...