Re: "Sunday research"
in response to
by
posted on
Feb 24, 2013 03:12PM
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%)
I think the best thing the company can do short term is to accelerate the environmental application. This is a critical path item and they have yet to indicate a proper target completion date.
We have the next few years to complete additional drilling while construction is ongoing. Lots of time for that. We have a very short window to get the EAA completed. Getting the EAA fast tracked is the best thing that can be done to prove we are serious about developing this project.