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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%)

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Message: Re: My changed expectations
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Mar 06, 2013 10:23PM
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Mar 07, 2013 12:41AM
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Mar 07, 2013 08:36AM
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Mar 07, 2013 08:46AM
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Mar 07, 2013 09:20AM

"Even a 20% back in we get back what we ever spent in the last 11 years, difference now is they would know exactly what to do and where. That's like 14 drills turning for 6 months straight. And we get 80%..."

At 20%, Teck would not be the operator but CUU has no experience nor any interest in running a mine. So we might need a 3rd party with Teck's approval. Interesting but unlikely.

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Mar 07, 2013 09:46AM
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