Re: What happens if Teck doesn't accept the FS as bankable?
in response to
by
posted on
Feb 05, 2013 11:11PM
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%)
The point being-- miners don't need to wait for the NTL to start development.
In fact they probably won't be able to reserve a spot for long once the power is on. Hydro will want full paying customers.