Re: Running out of patience.
in response to
by
posted on
Jan 25, 2018 08:32AM
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%)
Is anyone more familiar with all the projects Teck has in their pipeline?
Is Shaft Creek the one that seems to have the best ROI and lower risk? I think that by having 4 metals in the ground, it lowers the risk compared to only having copper.
Also, per example, how much did Teck invest in Forth Worth and how much return is expected? This could give us an idea what kind of return they expect on an investment and see if we fall in this category or what is still needed to fall in this category.
Teck will want to invest in their best assets and expect the best return for its Shareholders.
MoneyK