Re: Copper Fox time for an update!
in response to
by
posted on
Aug 13, 2020 11:18AM
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%)
Once the report is signed, the board will need to take a decision.
If they officially pull ROFO on Teck, they would need to announce it publically and most likely mention the price tag no? This would give us a good idea what numbers came out of the report without actually seeing the report.
MoneyK