Re: Email from Jason
in response to
by
posted on
Feb 06, 2013 11:20AM
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 fact that CUU and Teck are in negotiations indicate Teck accepting the BFS as is. Why waste time negotiating on something you will not accept? Besides, Teck had approved and signed off on the BFS prior to its release on Dec. 21, 2012. You don't approve and release such an important document for the world to see if you don't agree with it. IMO
Time to get positive guys. We've been over speculating too much lately and stressing out. The delivery of BFS to Teck was something we've been looking forward to for 2 years. What is another 30 days plus 90 or 120 days? WE ARE IN NEGOTIATIONS!!! Hallelujah!