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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: Hunch

Nov 24, 2011 12:31PM
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Nov 24, 2011 06:21PM

I agree that Teck doesnt have a problem with cash. They are in a stock buy back period right now, if the markets rise by the time Teck has to pony up cash for buyout or building the mine they could always sell shares again.

My only thoughts are how many projects they will be going with.

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