Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: Miners must invest for long-term demand
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http://beta.fool.com/mockingjay2011/2012/12/03/teck-resources-top-pick-2013/17889/

The Bottom Line

Teck is a fairly low risk company, growing organically in a prudent and cost efficient manner. It has a strong balance sheet yet it trades at an unwarranted discount to the value of its assets. Growing cash flow will add to the company's $4 billion of cash, enabling it to buy back shares or raise its dividend. Acquisitions of cheap assets is not a stated goal of the company, but if peer valuations continue to trade at distressed levels, Teck will be one of the few with the wherewithal to make opportunistic acquisitions.

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Icon president Re: Miners must invest for long-term demand
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chops
Dec 04, 2012 12:33AM
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