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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: Another acquisition coming...
1
Jul 17, 2013 06:20PM

Johnny, so Vette is suggesting to "take advantage of current market conditions" and buy more based on money to be spent on yet another property?

No. I'm saying that CUU will take advantage of some of the desperation out there using their $25 million. Their money came at a good time, time to get some great deals, cheap.

Teck will be spending money on Schaft anyway.

14
Jul 17, 2013 06:47PM
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