Re: Teck's flying this morning
in response to
by
posted on
Sep 09, 2012 03:35AM
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%)
Let Teck walk. Another major will swoop in on this project. Bidding wars will ensue for a project of this incredible value. All the better for shareholders.
I get what you guys are saying in regards to other majors lining-up in case Teck walks. But in the case of Galore Creek. When Nova announced selling of their portion. How come none of the "Big Players" lined-up to buy them. I don't think its that easy. Am I wrong to compare the two???