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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: Black out

Jul 11, 2012 11:03AM
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Jul 11, 2012 11:11AM
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Jul 11, 2012 11:16AM

Jul 11, 2012 11:23AM
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Jul 11, 2012 02:51PM

It's important to note that Teck is not choosing to slow down QB2. They are being slowed down by the regulators.

You're probably right, but, they say they are reviewing the comments by the regulators, not that they were obliged to resubmit. They also have that standard forward-looking statements clause that says forward-looking statements involve known and unknown...other factors...which may cause the actual result to be materially different. They further specify this: "Forward-looking statements include statements regarding Teck’s plans to resubmit the Supplemental Environmental Impact Statement for the Quebrada Blanca Phase 2 project and the timing of the resubmittal."

I know these things are fairly standard but it does give them leeway to say and do essentially whatever they want at this point. I think it's sufficiently garbled to leave an opening.

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Jul 11, 2012 03:02PM

Jul 11, 2012 03:50PM
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