Re: lets close at .16
posted on
Mar 11, 2015 10:52PM
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%)
There were no warrants for mgmt, bigbuck. It was all Ernesto (2.5 mil) and the rest (about 600k) went to shareholders that participated in the offering.
That is absolutley correct sibiu. Incredible how we stretch the facts to suit our bias....