Re: Teck Announces Dividend and Buyback
posted on
Nov 22, 2017 10:37PM
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%)
During the last few days, there has been great discussion on project valuations and future company worth of CUU.
It seems that the general consensus is we are deeply undervalued and most shareholders expect at least $1 dollar per share return. It's a question of when rather if and timing is the largest risk factor for this investment. I believe 2018 should be our year when we disappear and finally reap some reward. Many have been involved with this company for 10 plus years, they must be tired of the waiting game.
The next big question is, will Teck finally release the resource model report this quarter or continue to delay? They have already stalled for several quarters :/