Re: Dollar down below 88 cents
in response to
by
posted on
Nov 04, 2014 12:08PM
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%)
Prospekt, first off you know i appreciate your posts regularly, but this gives an idea but let's not forget lost value of mineral prices and also how much of our capex is being purchased outside Canada the exchange affects us negatively on those items. The only way we will learn the effects is when we redo our FS with the optimization results and updated currency exchange rate, metal prices and the waste included (If they prove it up) based on volume and activity we may need to wait awhile for any real movement in Sp