Re: Soon we will Plan to Plan for 2018
in response to
by
posted on
Nov 29, 2017 11:08PM
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%)
Teck has submitted their SEIA to the Chilean regulatory people and need their regulatory approvals before sanction can occur. It's next in line and will be funded by cash flow from Fort Hills. SC is not even listed as a medium term option and Teck controls that schedule. Elmer is stalling for time and we don't know why.