Re: Jim Gray--Galore Creek
in response to
by
posted on
Sep 23, 2012 03:50PM
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%)
"I'm not sure what part requires explanation. Human nature, we don't like to feel we are getting taken advantage of. Buying back something you once owned, for a hefty mark up doesn't make anyone happy."
Maybe I should sell all my TECK shares since Don Lindsay is such a simpleton, OMG. But thanks for that objective and logical analysis.