Re: Whistler Conference - Teck
in response to
by
posted on
Jan 22, 2015 01:53PM
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 agree, that majors can wait. We are waiting for Teck.
If you look at what Teck has spent.....they are really not "gungho"on moving on Schaft Creek really quick.
THe waste so far has not been added. Majors will wait for Teck to do that first. So now "WE" wait.
If this was such a great thing then why or others not knocking down our door?
Like Elmer said .....others have asked about our share but can not do anything until Teck is done. If this was "such" a huge thing then why is not Elmer pushing Schaft Creek?
We need to unlock the true value, and Teck is the one incharge. Why would anyone expect to buy us and then sit and wait? Kinda like using your money to have it sit....then it would be dead money till the right time. THe right time many take longer than anyone thinks.
Teck has the resources to do the job etc.....
Why would another company buy us to sit and wait for Teck?