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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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Teck buying QB2 13.5% minority interest for what? $150 million? flipped it for $1.2 billion for 30%.  ($540 million for the 13.5%)

 

San nicolas 21% purchased for $50 million from goldcorp.  Flipped it for $580 million for 50%.

 

I always feel SC is somewhere in between the Teck's  "purchase" price and Teck's selling to partner's price.

 

Unless Teck wants to do SC by themselves as they have bc/canadian tax credits.

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