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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: For and Against (Verbose)
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Jul 21, 2012 02:15AM

Jul 21, 2012 08:03AM
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Jul 21, 2012 10:01AM
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Jul 21, 2012 11:23AM
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Jul 21, 2012 12:12PM

I know one of the reasons many think Teck will not be giving us a huge premium is because of perception to shareholders...I know this has been debated on here many times...but using Rogues example of Teck finding a partner and coming away with 60% and some profit, I wonder whether this could all be arranged before the NR. Is it possible that we wake up and see that we have been bought out for $7/sh, and at the same time that Teck has also sold 40% to company X for 3.5 Billion (just throwing out numbers), and so shareholders of Teck read that they now own 60% of this massive resource and that they also recieved almost a billion from company x...as a teck shareholder, I find that pretty easy to swallow!

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Jul 21, 2012 02:10PM
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