Re: My oh my how times have changed
in response to
by
posted on
Feb 07, 2013 01:30PM
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%)
"quiet period" & "no negotiations"
Probably means they are waiting for Teck right now. Teck is probably trying to figure out their next move... CUU waits till they get back to them.
"discussions"
Could be anything, figuring out if CUU will only sell SC portion to Teck and then create another JV agreement with regarding the surrounding lands...
Again its only speculation from the limited info provided.