Copper development projects

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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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youngmoney

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Copper development projects

posted on Oct 25, 2013 01:23AM

Hello all,

I just listened to the Teck conference call, read all the news releases and I am surprised there was no mention of SC. That's bull. I was so excited to hear the CC when I got home. Wow. Waste of time.

There is a section called Copper development projects, and SC is not on that list! Are they trying to keep this mine a secret?

SC by definition is an advanced development (copper) project

I feel Don cares more about his balance sheet than buying the remaining 25% CUU owns in SC.

A caller asked about M&A activity but Don said very little but values his investment grade rating.

I say we sell to the next major that wants SC...drill results weeks away? We are in Q4.

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