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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: Could Teck buy cuu shares

Jan 24, 2012 10:36AM

Jan 24, 2012 10:43AM
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Jan 24, 2012 11:01AM
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Jan 24, 2012 02:14PM

Jan 24, 2012 02:17PM
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Jan 24, 2012 03:31PM

"Insider trading" is a complext issue covered by both federal and provincial juridications under the Business Corporation Act, the Securities Act, as well as the Federal Criminal Code.

Yes; insiders can buy and sell under certain situations, with proper disclosure. If Teck has access to most of CUU's info before it is disclosed to the public, buying CUU's share would put them in a potentially liable situation and that's why I do not believe they would be doing that.

"Insider trading" is not the same as insiders buying and selling shares with proper disclosure. "Insider trading" is the abuse of insider information to gain an advantage in a security transaction. JMO

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Jan 24, 2012 07:29PM
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