Re: Is this the week?
in response to
by
posted on
Dec 11, 2017 09:36PM
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%)
Good points. The resource calculation gives a number that can be used to trigger sale discussions. You can't sell a house without a square footage and you can't sell a car without giving the mileage. There's been 3 RE's done on SC so far and this number should be close if the others were done competently. Don't know what the drama between Teck and Copper Fox could be about. Apparently we'll have an answer very, very ........ someday.