Re: Where are Chappy, Vette, Webgogs, Prospect?
in response to
by
posted on
Sep 28, 2013 04:13PM
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 also hope that someone will ask about the significant change in the cash cost/lb CU production from the negative $0.34(?) to the curent $1.15 (net of other metal credits) and why this change was droped on us so late. Even in last year's AGM the presentation by the BMO Capital Markets had a negative cash cost/lb CU production value, I think it was -0.04. I did ask about it at the last year's AGM but I did not get the answers. Someone could ask if Elmer expects this key number to go lower and if so, when and how.