Re: ''bankable''
in response to
by
posted on
Feb 16, 2013 03:36PM
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%)
Why did Elmer say this, or do you think Storacle got it wrong?
Elmer said that Yes the feasibility study has been delivered to Teck and that yes, Copper Fox believes it to be bankable.
He added. Does Teck think it is bankable? We are waiting to see if Teck agrees or disagrees with the feasibility.
If they agree with the feasibility, then the Liard shares should be transfered.