Re: Teck's cost per LB.
in response to
by
posted on
Jan 04, 2013 10:43AM
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%)
It appears a schism has formed between those who still see the sky as the limit and those who have reined in their expectations.
Neither side should be told to keep their opinions to themselves. Only time will tell who is right.