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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%)

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Message: Re: Copper rebounding from 3$!
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Apr 11, 2018 07:26PM
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Apr 13, 2018 11:51AM
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Apr 13, 2018 12:19PM

copy/pasted in part from golfyeti's earlier post:
. . . . . . .
Teck posted a capital cost intesity graph once (I have it but can't seem to post the image) and the capital cost of QBII is listed at $5.6 Billion with a production rate of 135K tpd.  Teck currently lists the mine life at 25 years with a possible extension.  Currently listed cost is $4.7 B USD ($6.1 B CDN)

The same graph shows Schaft Creek with a capital cost intensity of $2.9 Billion CDN with a production rate of 100K tpd.  The graph was produced before CUU showed that even a botched or sandbagged Feasibility Study shows a $3.2 B cost for 130K tpd.  The 2012 FS shows 21 years mine life with a highy likely extra 4 years just in the 171MT low-lying fruit that no one dares to ugrade for some reason.

.......
Try this:

https://ibb.co/k8bE97

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Apr 17, 2018 08:37PM
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Apr 18, 2018 02:51PM
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