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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%)

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Message: Turn a 200kt copper surplus into 1.6mt deficit in 3 easy slides

As many of you will have figured out by now - I'm quite fascinated by the copper supply/demand balance. How have the experts continually forecasted a surplus yet we continually have deficits. And strangely the copper price continues to fall.

Along that line – The following is a very interesting article. (I wanted to copy and paste in here but the formatting was terrible)

http://www.mining.com/turn-200kt-copper-surplus-into-1-6mt-deficit-in-3-easy-slides-55694/

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