Re: CUU in the news
in response to
by
posted on
Feb 17, 2015 12:44PM
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%)
Ok then lets go with the "twisted" initial 12 years as suggested.
we are still loosing, no matter how you look at it.
Teck has said many many times. They want to invest in a asset that will be in producton for 25 or more years.
Once again.....not my words.....these are facts.