Re: One more year, PEA recommendations, 'Time's up' for Teck / Newmont
posted on
Oct 31, 2022 11:55PM
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%)
They completed a PEA which many of us took to mean we had something to sell. Then the BOD was worried we might be leaving something on the table. Was not the drilling to satisfy those thoughts?
Now they talk of a 2023 drill program. As though that means nothing to a group that has waited for so long anyway. Really .... 2023 .... f*ck No one should get paid until our 25% is sold.
YM >Did you hear Elmer in that recent SC interview?!
He mentions that SCJV may be preparing a much larger and bigger program in 2023, but nothing confirmed yet until year end :/
With that above and Colin's recent remarks to bostrin about not selling during a recession....
Does this mean we are here another year plus? GOD HELP ME. I hope not!!<