Re: Elmer - Exercise of options
in response to
by
posted on
Jun 24, 2014 10:56PM
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%)
F., you must have missed my response regarding the TSX regulations.
It occurred to me that they did not exercise their options while they were blacked out during the JV negotiations, rather extended them afterwards, so I think that they cannot be in a black out period now.