Re: Teck back in or not - mudguy
in response to
by
posted on
Jul 24, 2012 10:39AM
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%)
welcome back mudguy
for me, i have always valued and appreciated your contributions to CUU whether on this board or at stockhouse.
i concur with your comments about Teck acquiring claims around SC - when first announced i was puzzled why CUU didnt initate themselves, then perhaps over analyzed that perhaps this is another situation of CUU and Teck working together to promote / enhance Tecks position in the district, incuding their situation at Galore where NuGold has expressed its intent to absolve its interests.
Teck has many projects on the go, including major coal expansion about to happen at Hinton Alberta, and i'm sure they must be assessing how the Galore situation and their $ invested fits with CUU.
cheers.
jaf