Re: CUU in the news
in response to
by
posted on
Feb 17, 2015 02:11PM
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%)
we share ownership of the same property...."yes"
So do you think Teck will get this as big as they can then pay us?
If Teck is doing the work right now, then why would they not do thier study. Show their investors and give us an offer.
Reguarless of the time line from now till then which could be some while.
Teck is doing the work now. Why would they make it profitable for us? We only own 25 % or close to it.
Now the other thing is, teck does their version of optimization......give it to Elmer. Elmer does not like it, Then what happens. We bring in a third party?
Who do you think they will go with. Our BFS or Tecks new opitmization ?