Re: Schaft Creek developments
in response to
by
posted on
Apr 23, 2014 01:12PM
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%)
Babybreeze, let me put it another way. does anyone, without the benefit of all the discussions, facts, or knowledge of the limitations Teck put on Cuu management, really think that our insiders deliberately chose a course of action that would lead to failure.
maybe some people think they had too much money and wanted to divest themselves of a few hundred million.
maybe they took the only course of action that Teck was willing to go along with.
simplistic answers to complicated questions always lead to erreneous conclusions.
Yes, I think, under the limits of the situation they were in with Teck, they did the best they thought they could. I also believe we will have a successful ending.....chunky