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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: NovaGold Announces Major Changes to Its Organization

I wonder what Teck thinks about NG "unlocking the value at Galore" by selling its interest? They probably beat Teck to the same conclusion: sell Galore and chase better projects. . TCK may be able to piggy-back it's half with any buyer of the NG half (i.e. Hey, while you are buying NG's half... do you want ours too?). This should create some interesting moves at Galore in the next few months. The chess pieces in the Golden Triangle make another move...

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Nov 16, 2011 02:51PM

Nov 16, 2011 08:13PM

Nov 16, 2011 08:16PM
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