Re: Newmont struck again

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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Dwight

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Re: Newmont struck again

posted on Sep 26, 2018 01:23PM

We are at the bottom (hopefully) of a commodities cycle and if Teck waits another five years SC will be a lot more expensive for them. If I were Teck, I would rather buy at the bottom of the cycle than at the top. JMHO