Re: Soon we will Plan to Plan for 2018
posted on
Nov 29, 2017 06:23PM
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%)
I thought the Teck report was encouraging. While page 70 is focused on QB - it does identify SC as one of their significant assets.
Also pages 77 through 79 mention SC quite a few times (as One of 5 projects).
I like their comment on page 77 "..substantial base metal growth options... largely INVISIBLE to the market". That sure describes us.
I like their the rest of their comments on page 77 "Objective is to surface value over the next 3-5 years. Mulitple potential routes to value realization at each property. Considering options to generate additional value for our shareholders at each Project Satellite property".
On page 78: Five Quality Base Metal Assets with Substantial Resources in Minining Friendly Jurisications
I don't get the feeling after reading the above that they are displeased with the RE modeling.