Re: Not Good - Russ
in response to
by
posted on
Feb 07, 2013 10:56AM
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%)
Also ....we as o.side sh do not understand the rationale for these latest actions by our mgt. I don't believe though for 1 second, that the new property aquisitions were to waste time & make a deeper money-pit!
JMO
sb