Re: My oh my how times have changed
in response to
by
posted on
Feb 07, 2013 10:29AM
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%)
Soft bashing? I think it is safe to assume that RT and chops are not the type. Realists? Perhaps. Time will tell. I think it is safe to assume that peoples expectations were revised when the feasibility was released. It was definitely a shock as the numbers were... well they were just not good. The extra long wait and delays did not help the cause.
I don't want to speak for RT and chops, but I am certain that they hope to be wrong (on the low side) if a buyout does indeed occur.