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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: PDAC 2020 March 1-4
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Feb 25, 2020 08:14PM
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Feb 26, 2020 07:44AM
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Feb 26, 2020 08:00AM
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Feb 26, 2020 10:35AM
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Feb 26, 2020 11:00AM

"...what can He say?"

Dwayner,
My opinion only. Although the SCJV disalllows CUU from making any public statements about SC without the operator's prior approval, under a non-disclosure agreement, CUU Mgmt can privately share information that Teck has officially delivered to the Schaft Creek Joint Venture.   

How much "useful" information that Teck has handed over to the SCJV thus far is anyone guess, but it is safe to assume that it is decidedly short of enough information for CUU to order a 43-101 compliant update.  So CUU Mgmt must convince any suitors of Schaft Creek's truthfull value using a "connect the dots" valuation proposal and sales pitch vs using a properly optimized and updated Feasibility Study.  Obviously not ideal but CUU Magmt must try anyway, imo.  What else can be more important to work on and execute?


JMHO 

 

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