Re: Email from Jason
in response to
by
posted on
Feb 06, 2013 08:06AM
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%)
My understanding is that the 30 day review period is included in the 120 days.
So, they have 30 days to try to challenge the information in the BFS or justify why it is not an adequate report. I believe that the clock has started, and Elmer had indicated that in the past - there was never any mention made of a thirty day review period. The language that as soon as it was delivered to teck, the clock starts.
I've also read in the past few days from other posters that Elmer had said the clock has started. I think I'd trust his information rather than what Jason said.