Re: SP attack - Spoke to Cathy
in response to
by
posted on
Mar 27, 2013 07:57PM
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%)
Thanks bostrin, that is a key piece of info to have heard from Elmer. I had heard more than one call for the private guy to participate in the PP's. Some might have wondered if EE was tapped out for that extra 500K but I figured it was a bolt-on to the PP to include others.
The odd timing of bolting it on and not putting it into the original PP a few weeks earlier suggest it was a reaction or second thought - maybe driven by some development.
I'm hoping it is about them only have this one last PP to give that opportunity before someone takes them out..