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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: What if Teck doesnt buy us out? Opinions please

No I agree...its virtually unforseeable in my mind that Teck would pass us over....theyre going to get 75% of the deposit for about $260 million...or the whole thing for approximately 30%

If they didnt back in thats the best case scenario for sure, Im of the opinion we would have another major producer tender a buyout offer for us though.

The best part of getting peoples opinions is seeing things from all angles, Im just curious to see what other peoples thoughts are is all.

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Nov 28, 2011 04:35PM

Nov 29, 2011 11:44AM
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