''bankable''
in response to
by
posted on
Feb 14, 2013 01:38PM
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%)
the Company announced the results of a positive Feasibility Study on the Schaft Creek project in December 2012, and subsequently filed on www.sedar.com in February 2013.
....
On completion of the Feasibility Study, Copper Fox earns Teck's 78% interest in Liard. Teck's earn back option to acquire either, 20%, 40% or 75%, of Copper Fox's interest in the Schaft Creek Project is triggered upon delivery of a "Positive Bankable Feasibility Study" (as defined) to Teck after which they have 120 days to make a decision.
so..... are they taking 30 days to put the ''bankable'' sticker on it so we get our liard shares? OR..... where are our darn liard shares?