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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: Teck Resources Eearning Conference Call Comments
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Teck Resources Eearning Conference Call Comments
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BurningRoF
Apr 25, 2012 09:29AM
Re: Teck Resources Eearning Conference Call Comments

Metacomet
Apr 25, 2012 10:05AM

I guess Webgogs has the answer to his question: "where did the $2.50 a pound for long term copper come from?"
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/527961-valuation-debate/?message_id=1670658

My original question was: where did WG get the $2.50 copper figure from? LOL

Don Lindsay is giving up some good insights into what he is thinking. Use a conservative $2.50 copper price, an 8% discount and if those numbers work for the project, the 'premium' on these metal prices - such as now - will put money in the bank. It seems so simple.

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Icon president Re: Teck Resources Eearning Conference Call Comments
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cuuvette350
Apr 25, 2012 10:14AM
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Metacomet
Apr 25, 2012 10:17AM
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BurningRoF
Apr 25, 2012 10:21AM
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trader101
Apr 25, 2012 10:32AM
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Metacomet
Apr 25, 2012 11:02AM
Icon president Re: Teck Resources Eearning Conference Call Comments
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webgogs
Apr 25, 2012 11:56AM
Icon president Re: Teck Resources Eearning Conference Call Comments
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Chappy726
Apr 25, 2012 12:13PM
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