Re: Teck Presentations
in response to
by
posted on
Nov 08, 2012 07:27PM
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%)
Interesting how on slide 6, only the Cu and Mo is shown for Schaft (M, I, inf). The gold (and silver) is what really sweetens the deal, and makes us so economical. That's okay however, Teck can come out with the 10.6 million ozs of gold later. It could be a nice surprise for some Teck investors who aren't following the Schaft story closely.