Re: Expectations
in response to
by
posted on
Mar 07, 2013 11:42AM
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're looking for bankable and the Liard shares.
And confirmation that Teck concurs, which is the default per Salazar absent notice to the contrary
Since they had been granted a 30 day window, (which I do not agree was provided for in the agreement in our circumstance) to stall, which is the only possible explanation for the invented time, we, and the market need to be put on affirmative notice that the BFS in fact satisfies the stipulations put forth in the agreement and we are in fact 100% owners of the defined Schaft Creek deposit, awaiting decisions by Teck on back-in options, JV structure and a superceding agreement, going forward
This is where we are
We have never been here before
This is material