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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%)

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Message: Re: TECK
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Jan 17, 2013 03:20PM
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Jan 17, 2013 03:38PM
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Jan 17, 2013 04:33PM

Exactly

This ain't over until the fat lady sings

I continue to believe we screwed up once (stopping the drills), assuming they would have drilled the "waste", which I am not sure was the plan, but assuming all those years of "experience" were applied, they sure should have known how weak the BFS would be with thal level of non-countable inferred in the pit per 43-101 rules

I thought that was why you had a Qualified Person, and we have certainly been proud of ours, so far...

As far as updating the BFS, there is no need to revisit that, IMO

Any additional results could be put on the table for inclusion in any negotiation at any time, same with the EA or any other activities

The BFS is complete

It met the stated criteria

Assuming Teck concurrance with the PR constitutes their approval, a fact of which I am not sure, their Salazar stipulations have all been met

There is no need to include anything else in the BFS to meet that agreement

Any additional findings will simply enhance the economics and our negotiating position

Why I can't see EA work with drilling targets begging for action

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Jan 17, 2013 04:56PM
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Jan 17, 2013 05:30PM
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Jan 17, 2013 08:42PM
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Jan 17, 2013 09:06PM

Jan 17, 2013 09:52PM
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