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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: Teck Poker
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Jul 31, 2012 08:01AM
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Jul 31, 2012 09:20AM

As for CUU going low under the radar......Why then would Elmer and the boyz, go to most of the conventions?

Anytime I have spoke with CUU ( usually Mike) ...He told me that when a NR is ready they let them out as long as Teck approves it. I dont think they hold back on nr`s unless they have no real value.

Keep in mind, Elmer himself stated that they want this done RIGHT !!! They have 1 shot at this and then the ball is in Teck`s court.

As for the buyout price ...well we`ll see soon enough, but I do think that once all the info comes out, It would be a matter of sitting back and watch the S&P climb.

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