Re: Some serious chunks
in response to
by
posted on
Mar 17, 2021 12:46PM
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%)
I consider my shelf a very conservative cuuer and avoid pumping like the plauge.
Yet, years of languishing has made us overly "pessimistic" .
Things are actually bright and based on quite solid ground. CUU is in a strong position. Copper is flying. Interest in the sector and desire to obtain assets is great. The stock market is going strong. I even think VD will be sold sooner than most expect.
This is my humble "bashing"opinion.