GREY:CATXF - Post by User
Post by
losertooon Dec 25, 2012 2:00pm
261 Views
Post# 20771228
CCY's biggest concern
CCY's biggest concern it's interesting so many CUU discussions in this board.
you cannot compare CCY with CUU. they are totally different.
CUU has completed BFS and ready to be taken out anytime soon. in addition, CUU does not have funding issue.
CCY is still in the early stage and there is long way to go to reach BFS stage. you can trust much on the PEA ecnomics. CUU's cash cost changed from negative to $2. what about CYY?
the biggest issue for CCY is the As content in copper concentrate is very high, they have to bulid a roaster to burn the concentrate to reduce the As content in order to sell it, which will face significant environmental issue besides more capital cost. you have to do your own DD before investing and can not rely on only a few long pumpers comments.