Re: My one concern....question for the board
in response to
by
posted on
Jul 29, 2013 12:48PM
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%)
Why would they put it on the Shelf and loose the port, power, etc... I dont think Ernesto approved this decisision so he can get his money back in 5-10 years. Ernesto like, Mike, David, Elmer what their money now not later.