Re: News out. So Desktop study completed?
in response to
by
posted on
Nov 29, 2021 02:24PM
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 believe the VD property previously was mined using in situ methodology so there should be no surprises. The geology is not like the Excelsior Gunnison disaster and Taseko Florence has already run a long test in situ mine.
We should sell VD to distribute a small dividend ($.30 a share) and cash up the company.