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%)
I think it would make sense to let the Liard shares park for now if a broader open ended discussion about the whole shebang was going on right now. Maybe some sort of escrow type safekeeping could be the thing to do but I think both parties are pretty clear on the language of the Agreement on transfer of those shares (maybe one of the only clear things imho).
I was just breezing thru the FS again and re-noticed the part in the timelines section that lists 'teck review April 2013' as part of the project timeline. That was posted before but maybe more pertinent now.