Re: Delivery of BFS to Teck
in response to
by
posted on
Dec 29, 2012 01:58AM
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%)
I completely agree that it is a top priority. However, somehow these things always seem to take quite a while. I'm guessing it has to do with signatures. Here's a sample of how long it's taken other companies to file technical reports:
Copper Fox
2012 RE = 25 days
2011 RE = 52 days
Seabridge Gold
PFS = 44 days
PFS = 45 days
NovaGold
FS = 38 days
PFS = 47 days
Nevada Copper
FS = 24 days
Pretium Resources
RE = 2 days
RE = 11 days
RE = 27 days
PEA = 45 days
Out of these companies, I would consider Pretium to be the best run and they were able to get a RE filed in 2 days but their PEA took the full 45 days. Let's hope we see this filed in early January.