Re: ..Who is selling? Question
posted on
Jan 09, 2013 12:35PM
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'm waiting until I see the BFS before I try crunch any numbers. It's tough to estimate the impact of the starter pit which makes it difficult to model the base case.