Re: lets close at .16
posted on
Mar 12, 2015 12:16AM
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%)
Ernesto originally was committed to 83% of it.
After checking SEDI, he owns around 94% of it.
Strange thing about Ernesto here is that he let go some of his other warrants earlier this year.
Why keep this dollar amount?