Re: Soon we will Plan to Plan for 2018
in response to
by
posted on
Nov 30, 2017 10:25PM
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 don`t want to be a hard cookie, but we also had "some leverage" before the JV agreement. They decided to change all the rules.
From what I`ve seen in the last years and the type of feedback I got recently from Elmer, I don`t think anyone will want to force Tecks hand if both parties are not ready. This would not come without any consequence.
In my opinion, they will work with Teck and take all the time needed.
MoneyK