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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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Message: Glencore Has Fired The Starting Gun

"Why are you against Teck's spin off?..."

I agree with you that under normal circumstances it would have been a good thing, if for no other reason that we'd have gotten rid of the coal component. But if the Teck spin-off is successful, Glencore's effort at merging with Teck is doomed, along with, perhaps, an earlier resolution to Schaft Creek. I know, the whole thing is debatable; that's why I inserted the 'perhaps'. Kind of like 'soon'.

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