Re: Investing 101
in response to
by
posted on
Jan 17, 2013 01:36PM
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%)
Drilling could start in March and possibly a result could come back by the end of April. That is just enough time to sweeten the pot for Teck with a few more holes.
Except that with Copper Fox we will be lucky to see the results before mid to late summer, which we all know is somewhere around December.
Edit: I really want your hypotheticals to be what actually happens. I will be sad if I'm still here in December waiting.
Hayz