Re: Soon we will Plan to Plan for 2018
in response to
by
posted on
Dec 03, 2017 01:06PM
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%)
Totally agree with yours EG and chew posts I like SC but not much of a fan of Elmer either. Four times this year he had told me I should expect news in the coming weeks April,July Aug and Oct and got noting,the last was in the last week of October when he told me straight out again the the work is fully complete and he was working with Teck about putting out a joint NR regarding the completion of the optimization at SC and that he was trying to get Teck to put all the info up on their website. The last time I talked to him was in Oct when he told me the Larid meeting will be in the next couple of months but Spitfire has confirmed that it has already taken place,like you I have been buying down below.15 the last few months don't know what the final price is going to be or when but I get a feeling it won't be much longer and the price will more than likely be higher than what it's at now,but I'm still hoping we get a production decision instead with all the info being revealed but I doubt we will ever see it.When I talk to Elmer I get the feeling this will be it for him after SC/CF buyout so he really doesn't care what we think of him. He's getting close to 70 and has I believe over 4 million shares and wants to cash out,it might have been about collecting a pay stub at one point but now I think he's done. I hope we get a buyout for the whole company and be done. I'll give him a call this week for what I hope will be the last time.I hope there is a reason for all this secrecy in the end.Cheers!