Re: And for those who are NOT interested ....
posted on
Jul 24, 2012 11:48PM
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%)
"Calling Mr. Stewart isn't magically going to lay a piece of paper in front of me showing the clause"
If you don't believe the clause is relevant then why bother to even discuss it? Mr. Stewart said the clause is solid, BUT the lawyers can always find something to mess with. I do not think CUU had any desire to tangle with TEC lawyers and neither does TECK with CUU lawyers, it goes both ways. I agree with you there will be a buyout. All this stuff is just a fun distraction while we wait.