Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: Teck Struggles to Secure Top Shareholder’s Support on Coal Split

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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Teck Struggles to Secure Top Shareholder’s Support on Coal Split

YourNadir

Jun 01, 2023 11:17PM

Re: Teck Struggles to Secure Top Shareholder’s Support on Coal Split

youngmoney

Jun 01, 2023 11:21PM

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Re: Teck Struggles to Secure Top Shareholder’s Support on Coal Split

in response to

Re: Teck Struggles to Secure Top Shareholder’s Support on Coal Split

youngmoney

posted on Jun 01, 2023 11:50PM

I don't know why they just don't sell the coal assets. It has been a discussion for the last couple years. Worth roughly 8 billion at minimum. It's nothing but a headache anyway with all the environmental baggage and ESG concerns. There is the cash they need to develop the copper pipeline. A better idea to me instead of trying to siphon off off the profits to fund copper growth.