Re: NTL - A short history
in response to
by
posted on
Sep 30, 2014 07:38PM
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%)
Well I am not sure why you would think they spent 90 million on two "surveys". First off they are not "surveys" they are studies. Although I don't know exactly, but I imagine the majority of the 90 million was spent on drilling.
Again I must say, the PFS would be on the website until the BFS, it is not consider nor will ever be considered bragging that it was -$0.32, as this was the result of the study. After the BFS is completed it now supersedes the PFS and takes place as the most current an accurate study (meaning you can't display the PFS alone as it used to be anymore and must display the BFS results). Obviously the BFS is now the correct and current result.
Oh it is $600,000 now. I swear you said it was $400,000 earlier today, anyway can't say that means anything to me. Although I might say if you can't see this PFS vs BFS thing and how/why it was displayed as it was and removed, maybe you shouldn't be investing your money by yourself.
Then off to the final, some people no longer post on a forum. Cool stuff man, what does that actually pertain to anything?