Re: Teck acquires AQM Copper
in response to
by
posted on
Nov 23, 2016 08:55PM
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%)
I agree that teck going up is a great news for us.
They might even offer shares one day or shares & cash.
Regardless, for those saying we are not moving with copper, history has shown that big producers go up first, small & mid companies second and the explorers are the last to go up.
In a sense it's logic... when the big producers are up... that means they will generate some serious cash in the next quarters.
Once they have the cash, they will be in a position to make some acquisitions and speculation will start.
MoneyK