Re: Teck
in response to
by
posted on
Feb 12, 2016 09:43PM
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%)
Call me naive, but even mentioning SC with the S. American properties still leaves me optimistic on our future > Teck has been good for Canada, and Canada for Teck.
And please, don't confuse my optimisim with something happening soon - I made a prediction of a buy-out several years ago when many of us longs were having a rollicking good time enjoying the sp and predicting when and how much our shares would garner.
glta
jaf