Re: VETTES PREVIOUS TALK WITH ELMER
in response to
by
posted on
Feb 24, 2013 12:39PM
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%)
We are a developer. Stated several times by Elmer. He wants to turn CUU into a HD style co. http://www.hdimining.com/s/Home.asp
We bought Az for this purpose. With the problems Jrs are running into finding money and the changes that are coming there it more profitable to develop than to explore or re-explore. I compare this to the seismic industry for oil. Everything has been shot and reshot. Companies buy each others data then go define it. Mining is close behind.