Re: Copper Fox Files Positive Feasibility Study on Schaft Creek Project
posted on
Feb 04, 2013 09:21AM
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%)
This is a very low key NR. What a chance to doing some solid promotion. If past policies repeat themselves, then CUU allowed Teck to review this NR before publication. It almost screams out "let's not excite the market with anything until we have our deal agreed upon."