Re: potential claim
posted on
Apr 15, 2016 02:34PM
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%)
talked to the office, told a NR will be out today just being approved. Nothing to do with Teck, CMX is trying to get the claims back, at their cost. Unclear as to what happens if they are not successful. They did review with legal, not deemed to be material due to the tiny cap of CMX, total bs. Should have halted yesterday. If we have to go legal on CMX to get our investment back we'll see a significant haircut, that's material enough for me. Stay tuned.
So with all the what if's, why don't people just call and try to get some relative facts.