Re: What's Next. - Don't look at it.
in response to
by
posted on
Feb 05, 2013 03:54PM
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 called and asked Lynn earlier.
The 120 days hasn't started yet.
FS was given to Teck. Teck is currently undergoing due dilligence on the FS.
Whether they will call it feasible or not, it's purely speculation. We just have to wait for Teck to reply.