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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: Re: Just a thought
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Jan 06, 2024 03:59AM

I don't understand. Why would Teck want to pay us in Teck shares, and therefore have to dilute their own share capital, while they have sufficient cash in hand. What are the advantages? In addition, CF needs cash to invest in the development of other assets. I don't see the logic, but maybe someone can tell me. Just a question. 

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