Re: Teck back in or not !
in response to
by
posted on
Jul 24, 2012 06:37PM
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%)
yes. the npv method would put us upwards of 18 cents. this is why people are saying no way teck pays that. so teck backs in and we sell the free ride to another. this was the original message I got.