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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: Wow with all thats going on
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Aug 04, 2012 02:56PM
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Aug 04, 2012 03:46PM
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Aug 04, 2012 07:46PM

This is going to have very little to do with a "decent payoff" and everything to do with value. I feel confident the main parties involved, (not us common shareholders) are making decisions with much further-reaching eyes than the "quick doubles" some of us are thinking about. Teck is looking out 20 years. At this point, I think we dont have enough of a picture to make a determination of whether a certain dollar offer by Teck would be an overpayment on their part. Remember Fording.

It might be more analogous to the scenario where you find out your $2 lottery ticket was the big winner of the $10,000

Would you accept my offer to buy the ticket from you for a double? Nope, not when the value is there in front of you. Value wins every time. We just need to let Elmer and Team prove the value.

Fire

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Aug 04, 2012 11:35PM
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Aug 05, 2012 01:21AM
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Aug 05, 2012 01:27AM
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Aug 05, 2012 09:43AM
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