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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: MERKEL
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Jan 29, 2012 09:55AM
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Jan 29, 2012 01:47PM

Jan 29, 2012 01:50PM

Jan 29, 2012 01:51PM
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Jan 29, 2012 02:58PM

Jan 29, 2012 03:24PM

Another fact that trumps the short term negative economic macropicture is the continued robustness (bullishness?) of the PM sector, gold and silver in particular. Lets face it, CUU has a real sh*t load of this stuff (now with 10-15% grade increases) in them mountains, and I am not even talking about that 100% increase in molybenum.

So yes, we are in for some major economic turbulance, but it will be short lived. Anyone that listened to Harper's Davos speach knows that the current government means business, for better or worse- time will tell. BUT, I am willing to bet that a lot of majors will try to take opportunity of the current "positive" business climate (in BC particular) and try to load up on future resources as much as they can, TECK being no exception. JMO

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