Re: Did anyone buy BGM?
in response to
by
posted on
Jul 02, 2012 01:30PM
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%)
"Teck needs 10 billion for SC&G"
Hey Webgogs, can you further explain what this statement means lol? sounds good though.
So what do you mean by Teck needs 10 billion for SC and Galore? Are we talking in terms of a buyout, building the mine, production and costs?
AND SO.......
teck had 4 billion in cash + their second quarter results and now this 6 billion debt :)
thats over 10 billion they have!
my next question is, what do you guys think they will do with this cash?
thanks in advance, YM.