Re: Any Comments? > Copper Fox: Currently Overvalued Even If Schaft Creek Proceeds
posted on
Oct 31, 2013 04:02PM
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'm not concerned about this article. We can clearly tell that the writer has done 0 DD in order to provide a bit more transparency and be open minded to this project. Proper writers don't put estimates and evaluations on projects that they know very little about...