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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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M&A in industry- Cardinal Resources
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youngmoney
Jun 18, 2020 10:45AM
Re: M&A in industry- Cardinal Resources
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MoneyK
Jun 18, 2020 11:09AM
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youngmoney
Jun 18, 2020 11:13AM
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MoneyK
Jun 18, 2020 11:18AM
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youngmoney
Jun 18, 2020 11:20AM
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MoneyK
Jun 18, 2020 11:33AM
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chunkytoast
Jun 18, 2020 11:34AM

If you look at it another way, our 25% holds at least the same amount in gold equivalent (5M).

So that's give us a floor of around 0.45$ US per share and I don't think it's more expensive to extract the mineral at Schaft Creek.

MoneyK

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Re: M&A in industry- Cardinal Resources
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youngmoney
Jun 18, 2020 11:59AM
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youngmoney
Jun 18, 2020 12:27PM
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golfyeti
Jun 18, 2020 12:45PM
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MoneyK
Jun 18, 2020 01:03PM
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calvin123456789
Jun 18, 2020 03:42PM
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golfyeti
Jun 18, 2020 04:05PM
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calvin123456789
Jun 18, 2020 05:28PM
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chunkytoast
Jun 18, 2020 05:51PM
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Willy Nilly
Jun 18, 2020 06:11PM
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chunkytoast
Jun 18, 2020 06:15PM
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MoneyK
Jun 18, 2020 08:23PM
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CanadaG
Jun 18, 2020 09:38PM
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MoneyK
Jun 18, 2020 10:13PM
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MoneyK
Jun 18, 2020 10:37PM
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Jun 18, 2020 10:41PM
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MoneyK
Jun 18, 2020 11:01PM
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CanadaG
Jun 18, 2020 11:41PM
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MoneyK
Jun 19, 2020 07:35AM
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Leofunk
Jun 19, 2020 11:18AM
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