Re: Email reply from Elmer
in response to
by
posted on
Oct 01, 2021 04:18PM
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%)
Elmer may be well worth what he gets paid but it would be a lot less stressful receiving his wage than not receiving anything at all from this investment. Ten years at that wage would give a person a lot more than I will receive if bought out. I acknowledge that this is how it works but the lack of info and total indifference from management is not right.
I see he still talks highly of Teck. I would too if they had honored their original contracts.But still to this day we don't know if they want to mine this or not.