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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%)

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Message: Re: Possibilities
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Jun 04, 2013 08:21PM
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Jun 04, 2013 11:38PM

That's an interesting point.
I hate to have false hope only to get disappointed again, but it would be nice to see.

I looked at a calendar, and unless I miscalculated, day 120 is June 6. Could you assume then, that technically they would have until the end of the day on Thursday to make a decision?

My apologies if someone has already clarified this point, but another question that I have is:

Is the agreement only that a decision has to be made by that date? That's how I understand it. And, if so, even if a decision has been made by Teck and communicated to Copper Fox, wouldn't there be a period of time after that to make an announcement?

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