Re: Drill program: Opinions-golfyeti
in response to
by
posted on
May 02, 2013 02:15PM
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%)
"Namely that CUU management are overly aggressive in their price expectations and consequently drive Teck from the table."
That is an assumption that does not match anything that we have heard from the CUU managment in the past. On the contrary, it was (is) CUU management that had always said that it's the BBs that are "overly aggressive in their price expectations".