Re: Anyone getting meaningful responses?
in response to
by
posted on
Feb 12, 2013 06:26PM
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%)
It's difficult to know whether the lack of enforcement of the Option Agreement is a good thing or a bad thing for us.
It could mean that the Liard shares are so valuable to Teck that they are willing to offer something better than the back in terms to keep them.
Or perhaps it means that we have not adequately satisfied our portion of the Option Agreement and we are discussing with Teck how to fix it.
Thoughts anyone?