Re: Share swap
in response to
by
posted on
Aug 28, 2019 10:08PM
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%)
I'm aware of it but your point is not clear to me. Are you saying Teck can't say anything about us because it could increase our share price, which is not allowed since we're a publically traded company? Yet at the same time it's OK for Teck to say nothing for 6 years while our share price is driven into the dumpster? Why do you consider us more advanced than Galore when they have re-initiated permit activities, they are redoing the PFS and spending large sums of money. And what exactly is happening at Schaft Creek? So far Teck has booked resources, finally after 5 years, at SC. They can't book reserves without a PFS or FS and they never accepted our FS as was required by Salazar. So technically were not even at the PFS stage as far as Teck is concerned.