Re: Teck Announces Dividend and Buyback
in response to
by
posted on
Nov 18, 2017 02:05PM
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%)
That's exactly how I've positioned myself as well. It's risk management. If I'm wrong in my price estimate, I'm much more likely to make more money than less. The main risk now is time and how long the money is tied up.