Re: My Opinion
in response to
by
posted on
Jan 02, 2013 12:59AM
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%)
Grant, I post on Stockhouse why I thought the drills were pulled. CUU had drilled enough to complete the feasibility and didn't want to spend money drilling the new deposits as Teck was the play.
They were not drilling the pit and proving up the waste they were drilling the district.