Re: One more year, PEA recommendations, 'Time's up' for Teck / Newmont
posted on
Nov 01, 2022 11:27AM
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%)
It's great for Elmer to clarify those remarks!
Its like they both see different outcomes and perspectives.
Colin clearly stated EE will decide when to sell and selling during a recession isn't a good time to exit.
I don't think 2023 will benefit us as much as 2021/2022 work. They will be adding value to this property for many decades! We are probably larger than pebble if this was drilled out extensively.