Re: What's Next. - Don't look at it.
in response to
by
posted on
Feb 05, 2013 07:29PM
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 with you Prospect, how could they go to all the expense and time and come up with a document that doesn't fulfill the terms of the contract.. they must have known, early in the exercise, that more proving up was needed. Or, there was an agreement.
What next......chunky