Re: What is up with all the conspiracy theories?
in response to
by
posted on
Feb 05, 2013 09:00PM
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 understand, but it was discussed and we were told by both Teck and CUU that it is the Real Option Case that is used in the industry. The Base Case is the low of the low, conservative no meat number.