Re: Teck's flying this morning

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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stockfriend

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Re: Teck's flying this morning

in response to

Re: Teck's flying this morning

YourNadir

posted on Sep 09, 2012 10:45AM

Nadir, you hit the nail on the head here. When I have spoken with Elmer on numerous occasions about what differentiates Schaft Creek and Galore Creek, it's the economics/capex. I vividly recall the indignant tone of Elmer's voice about those who suggest the economics will be costly similar to Galore. Therein lies the difference guys.

I think the BFS is going to prove that we are way better off than Galore. It's just a short wait now.