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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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Message: Re: My changed expectations - Vette
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Mar 06, 2013 10:23PM
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Mar 06, 2013 11:20PM

Um..no that's not what I said. I said if we get a 75% back in, majors should fight over each other for the remaining 25% since the mine is being financed and operated by Teck.

Sorry if that came out wrong, everything I posted was what I think...

The only part I was referring to in your post was 75% makes the most sense, they won't walk and that Teck may want to sell part of their share to a partner.

Not trying to put any words in your mouth, all my conjecture on what makes sense to me.

Personally, it makes sense to drill out and unlock value before selling our 25%.

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Mar 06, 2013 11:55PM
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