Re: Foxy.... please see below for Elmer words.
in response to
by
posted on
Mar 14, 2014 07:13AM
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%)
And if we just assume next thing:
There is a probability that a cost for all the equipment, buildings, roads and all the other needed stuff went so high (it definitely went higher) but I doubt that (because of short period of time)...
IMO, there is so much that you can't see if you don't do really good DD (with a help of all the great posts on this forum - thank you for that) that at the end all you can conclude is that FS was total disaster, we are finished,...
It's possible that I'll be the one who will lost all the invested money here but all I can say is - LONG & STRONG!