Re: Quadra FNX - bidding war?
in response to
by
posted on
Dec 07, 2011 11:47AM
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%)
Excellent post Chappy, I wonder if Don Lindsay wants to put Teck in the same position, I think he is too smart for that and has had too long of a relationship with CF and its management to low ball as some are forecasting. IMO anything below 3.00 is a low ball!