Re: Don Lindsay's comments on Schaft Creek
in response to
by
posted on
Sep 17, 2020 09:36PM
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%)
Few people on this board mention Salazar Agreement. I didn't have opportunity to read it.
Is that agreement wtill in force legaly, or could be inforced legally, after Cuu and Teck created JV?
I'm just trying to understand what would be the most optimal, or easiest, way for us, shareholders, to get our money. Definitelly CUU management should activelly working trying to find a buyer for our 25%. I think a chinese company would be the most likelly a potential buyer, having in mind how hudge dollar reserves chinese have, and that they are activelly investing the money around the world.