Teck's historical drill holes from Schaft Creek gives Teck a huge advantage over other potential bidders for CUU. The drill holes could demonstrate numerous options, location of higher grades, potential to expand the mine plan, CapEx, cost of waste removal.... etc.

Teck will hold that information close to their chest for as long as possible. This is critical data that will be utilized to calculate any future offer for a buyout. Teck will know more about the real value of competing bids for CUU than any other Major.

Therefore, the current drill plan is very critical going forward. Hopefully, there will be a Phase II plan announced soon. The CUU Annual meeting and the upcoming Teck conference call could allow shareholders to ask more direct questions.

Teck's Q3 2013 Financial Results and Investors' Conference Call October 24, 2013


Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") will release its third quarter 2013 earnings results on Thursday, October 24, 2013 before market open.


The company will hold an investor conference call to discuss the third quarter 2013 earnings results at11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, October 24, 2013. The conference call dial-in is 416.340.2218 or toll free 866.226.1793, no pass code required. Media are invited to attend on a listen-only basis.


A live audio webcast of the conference call, together with supporting presentation slides, will be available on Teck's website at www.teck.com. The webcast will be archived at www.teck.com until January 23, 2014.


To listen to a post-call recording of the call, dial 905.694.9451 or toll free 800.408.3053 and enter access number 3784874 when prompted. The recording will be available from 2:00 p.m. Pacific time October 24, 2013 to 11:59 p.m. Pacific time November 24, 2013.