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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: Teck buying

Dec 08, 2011 08:20PM

This must be part of the share buy-back program that Teck has started. After they buy these shares the shares are eliminated. That would reduce the number of shares outstanding. That should help them if they were to make an offer for Teck shares as well as cash, or instead of cash.


Dec 08, 2011 08:35PM
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Dec 08, 2011 09:07PM
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