Re: CIC
in response to
by
posted on
Dec 01, 2011 04:15PM
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%)
Squishy - think you may have misundestood, we - or at least I - have not been talking about a Chinese buyout of CUU/SC, but rather how Cinese long term thinking may infulence TECK's decission; it's a big difference.
Though, I would appreciate it if you could look into those copper takeovers by the Chinese.