The JV Clause

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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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The JV Clause

posted on Feb 13, 2013 01:17PM

We don't intend to exercize our part of that clause. So, does Teck back in and demand we partner up? How does this intent effect the agreement? (This is me stirring the pot). Mull it over and ask yourself why we would do this and do we have the right?

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