Re: Expectations
in response to
by
posted on
Mar 07, 2013 02:01PM
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%)
The single most important reason for us to get the Liard shares is because it will be the definitive signal to the market that we are for real and in play
...a conclusion that is invisible based on share price
I don't want to wait for Teck to play around for several more months to make their intentions known
Their negotiating power over us grows with time
And our having evidence of ownership of the whole package will, IMO, help all of our bottom lines immensely