Re: Let the M&A frenzy begin! Kinross buyout of Canadian explorer!
in response to
by
posted on
Dec 09, 2021 06:05PM
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%)
We have a CFO that is not agressive enough with our assets. If Teck were our friend, as ES states, then why not approach them for a 20-60 million dollar loan [while we wait along on Schaft] ,with a Lien against VD and interest free, giving them the first rights down the road. WE drill all properties Sooner than Later and build value.We would get real buyers for ore shares.
If VD PEA shows so much value, Why would something like that be a Hard Sell to Tck or another..
Please get out of slow motion and fast track our projects. Timing could not be better.