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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's flying this morning

Sep 07, 2012 11:33AM

Sep 07, 2012 11:36AM
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Sep 09, 2012 04:21AM

Wiseguy, I am no expert on Galore but my understanding is that that property has some real geographical challenges with slopes and cliffs and the capex is extremely high. I don't think it hosts the enormous potential on the scale of Schaft Creek either, but I could be mistaken about that.

Anyway, the BFS will tell the tale. When the numbers make it clear that there are giant volumes of copper and precious metals to be had so (relatively) affordably and economically at Schaft Creek, then we'll see interest rise, IMO.

Moxam, I'm travelling and sitting in an airport. Cannot look at my door. Do you have any other analogies you can use? ;)

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