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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Message: Paradigm Capital - TECK - All Cashed Up with Nowhere to Spend It
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Teck Resources - All Cashed Up with Nowhere to Spend It

Interesting headline from the analyst report. I can think of one way they can spend 1.5 to 2.0 billion of it.

Some interesting tidbits from the report:

Teck still remains committed to organic growth but with the delays at most of its projects in the pipeline, no real growth in copper is expected until 2017–2018.

Teck maintains a strong balance sheet with cash of $4.2B as of October 24 ($3.9B at September 2012), and it has been working on restructuring its ~$7B debt.

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