Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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%)

Free
Message: Year End Financials
Reply New Message
Prev Message Back To Forum Threaded View Next Message

IMO, I can't see how anyone would say this is not a PBFS.

You have only quoted part of the definition. It goes on through (a) and (b). It all forms part of the definition. First it is positive, then it is bankable.

How do you account for the following sentence then?

"If the report is positive under 5.5(b)(ii) but not under 5.5(b)(i), Teck Cominco may nevertheless elect, in its sole discretion, to deem the report to be a Positive Bankable Feasibility Study."


7 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply