Re: One more year, PEA recommendations, 'Time's up' for Teck / Newmont
posted on
Nov 01, 2022 08:15AM
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%)
"With that above and Colin's recent remarks to bostrin about not selling during a recession....".
to reassure you. I asked Elmer about Colin's reaction and he explained....
"I read Colin's response and see no indication of waiting for higher copper prices and not considering the sale of an asset during a recession."
And the SCJV 2023 program does not mean that CF can be bought out by then.
Ffoxxie