Re: SP Premiums
posted on
Feb 07, 2013 03:32PM
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%)
If todays share price mattered in negotiations wouldn't you see all the Miners racing to buy every potential junior out there especially since the TSX Venture is at its lowest? We would be seeing buyouts left right and center...