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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: Re: Teck Q3 Earnings call tmrw
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Oct 26, 2017 01:44PM
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Oct 26, 2017 03:51PM
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Oct 26, 2017 03:58PM

yes Golf, the "supplementals" discussion is interesting.  Listen to Teck's Audio presentation #2 around 10 mins...in discussion about capital allocation, Lindsay talks about the importance of the meeting next month with the supplementals...and how that will have a major effect on their plans with their capital and with QB2 - nothing decided yet.

If we dont get picked up here, I worry we will be mothballed (or hopefully instead sold) and Teck will move ahead with QB2 and the other 2 mentioned mines in the satellite project.  Hopefully the Chilean election will work in our favour for us too.  Either way, this is our time window with Teck imho

Im running out of patience, I hope we get these optimzation studies or better yet a deal.  I like 1.2 Billion, but honeslty if you told me tomorrow a deal was done for 600 mil in Teck sharesl, Id still have a smile on my face and would happily move on.  What do they say, A bird in the hand is better than 2 in the bush...?

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Oct 26, 2017 10:53PM
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