Re: JV Meeting
in response to
by
posted on
Oct 25, 2014 11:02PM
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%)
I concure with you Prospekt
I think this month delay was a stall tacktick for Teck.
THe NR was very vague....sure they might have found a new zone....but from what I am reading...seems like they will re-do the FS.
THey are looking into pit design etc....hummm.
I think this will be a mine and a good one too.
But I also think that this NR will hurt this SP this coming week. I guess time will tell shortly.