Teck back in or not !
posted on
Jul 23, 2012 08:38PM
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%)
Hey guys,
Some people tend to think that if Teck doesn't back in, our stock price will move upward because we will own 100% of SC...
But what kind of message Teck would send to the market if they finally pass on the project ? Can the market interpretes this badly ?
Thanks and have a nice day !