Re: how far Elmer can go before raising next fund?
in response to
by
posted on
Dec 03, 2013 08:55PM
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 guess we should wait 3-4 years to find out. Gives you lots of time to get people to sell...
Unfortunately the pounds in the ground won't change and in fact it's looking promising that they'll in fact improve with upcoming results, none of these facts are conducive to the agendas of a lot of the people posting today but cest la vie...