Re: Delivery of BFS to Teck
in response to
by
posted on
Jan 12, 2013 04:37PM
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%)
You have to consider dilution as well. We have raised millions of dollars in the last couple of years. If this money had been raised at a higher share price we would have less dilution. Would extra money on IR have paid off by reducing dilution? I don't know the answer but I suspect it would have.