Re: CUU in the news
in response to
by
posted on
Feb 17, 2015 08:55AM
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 don't get it, some here think that the 12 year mine plan is a good thing?
How many times has Teck wanted to invest in a project that has over 25 year mine plan. Teck has stated this many times.
Now we have been down graded to 12 years?
You can put any kind of spin you want on this, But it looks like Teck will move slowly on Schaft Creek. Now the question is WHY?
We were all told that when the BFS was finished that Teck wanted to see it A.S.A.P.
We relogged core samples that Teck and Salizar drilled....but looks like they wont be used.
Teck is going back and reloging the samples that we did. What is wrong with the samples from before? Did the minerials vanish???
I can not see how anything since the received "BFS" ....went into Teck's hands has been a possitive.
We gave up "EVERYTHING" ....port....extra lands that we secured...etc....Gave it all to Teck.
Teck is going to drag this out till "they...Teck" is ready to move this project forward. Everyone thinks this is great?
THere is no promise from Teck to even have this go into production.
Teck can drag this out for years....Teck is looking for a mine with decades worth of mining. Teck may discover many more years but we wont be in the picture then....but then again, maybe we might be.
This is just my opinion.... but I just can not see how we are winning this chess game.
I also do not want anyone think I am putting anyone down.
I just don't see it