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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%)

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Message: Re: Personal attacks on AG
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Jul 24, 2012 12:50PM
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Jul 24, 2012 02:30PM

IMHO... SC is a project that even the NPD can tolerate or even like. The NDP would need something to rally behind to justify quashing it (env, First Nations objection are the main points that would come to mind). The Tahltan appear to be on side and no significant environmental risks have appeared.

TCK, a BC home grown company, has quickly settled its contracts with its unions (think NPD political base) and is investing in BC. While mining in general might gasp at the NPD taking power, I dont see any political levarage for the NDP to apply against this project. The NDP are spenders so they will need the employment and tax base from safe projects like SC. If I was a Talhtan, I would have serious questions for any govenernment quashing a project in an area (Telegraph Creek, Dease Lake, and Terrace) so devoid of good employment opportunities.

The forest industry better look out for the NDP tho - probably more so than the miners... (log exports, decreased Annual Allowable Cut, stumpage, new Parks, and ... EBM - NDP favourites)

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