Re: Cambridge Weekend - Questions
in response to
by
posted on
Jan 19, 2013 02:41PM
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 agree.
That's why the back in option is good and bad for us.
Teck can just say take it or leave it. This is how much I'm paying you. If not, go find someone else
Whereas CUU can go, we'll keep our 25%, you go build our mine.