Re: CUU 's sc true value?
in response to
by
posted on
Jan 14, 2014 03:05PM
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%)
"At least we would have gotten all their Liard shares and 100% ownership" we own the liard shares they are currently held under Teck's trust to avoid spending extra money on transfering them under our name since most likely they will buy us out. Hog do you not see any value in having now Right of First Offer? This aggreement is in more favour towards us than the old which wouldnt of held up in a court room anymore. This year we will all know how fast Teck will proceed with us if they start building the roads this spring... i'm getting a little excited again...