Re: Looks like it will have to be tomorrow
in response to
by
posted on
Mar 28, 2013 02:24PM
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 in a business where the rarety of big profitable deposits in safe zones will become a big issue in the near future, there's always companies looking at what projects arte currently being worked on; they have junior employees who's responsibilities consist of evaluating other projects with what is currently known and who can come up with different assumptions according to different variables. So Teck is going for 20, 40 or 75% (or another number of their choice) - they are not passing up on sc - they can acess Elmers data (including maps and now the FS) and start an internal process. of course this is jmo.