Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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 BOARD APPROVAL
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May 15, 2012 11:25AM
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May 15, 2012 01:43PM

This is well said golfyeti. Teck can "swallow such a premium" because it is not a "premium" to what lies in the ground, only to the current share price. Big difference here. Many examples in the past of market 'inefficiencies' as it were when it comes to mining. Cheers.

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May 16, 2012 02:19PM
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