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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: Teck Earnings
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Instead of executing the terms of the Salazar contract they agreed to a JV contract with the same result as if the 75 % back-in under Salazar was exercised. 

 

Really? So it was the same all along? No it was not. Under Salazar CUU would have gotten a LOT more money and you are surely aware of that...

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