Welcome back Accountant007,
Because we often compare the economics of Schaft Creek against Teck Resources' other projects, it is important I think to use the same valuation methods as used and reported by Teck. Teck Resources uses MI&I when reporting mine economics. Yes, including Inferred. See their QBII economic numbers and many asterisks...
So....as to compare apples to apples we should also include all of our MI & I. Silver MI & I at Schaft Creek is 99 million ounces ( 2012 Resource Estimate update )
Also you might want to ask Elmer why they don't mention silver in describing Schaft Creek. In the last News Release they refer to it as a Copper-Gold-Molybdenum project.
I would like to see the magical math that Teck came up with to justify playing the "100M OZs Silver? What silver?" card on the economic optimization of the already confirmed economic CU-AU-MO-AG deposit as per the 2012 BFS.
Anyway we should at a minimum play their own game and include all inferred, for apples-to-apples comparison sake.
JMHO