Re: One more year, PEA recommendations, 'Time's up' for Teck / Newmont
posted on
Oct 19, 2022 09:35PM
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 think you need to reset your expectations they have shown or said nothing that tells us a sale process is in the near term. they would have third party working on the valuation. SC isn't the only sellable asset so waiting for drill results doesn't add up if that's the latest excuse.
It's been so long for me now I refuse to bail so 5 years is my current hopeful window.