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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: Major development projects in B.C.
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Icon president Major development projects in B.C.
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cuuvette350
Oct 26, 2012 09:03PM
Re: Major development projects in B.C.
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Dogger 12
Oct 26, 2012 11:29PM
Laird share transfer, 4 year clause and NTL
4
endoftime
Oct 26, 2012 11:36PM

Status: Proposed Start: 2013. Finish: 2016

Did anyone notice in the Article that the proposed start date is 2013 and finish date of 2016? That's only 3 years assuming they start in January 2013 and end Dec. 31, 2016. So, maybe:

1. Teck is not planning on doing 100% buyout because they are trying to fit in the 4 year clause window. OR,

2. They will buy 100% with plans on completing project by 2016 to start production and generating ROI.

In either scenario, it looks like Teck will be making decision SOON in order to begin project as soon as possible in 2013. IMHO.

Any thoughts?

Re: Major development projects in B.C.
6
koala
Oct 27, 2012 02:02AM
Re: Major development projects in B.C.
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sharp662
Oct 27, 2012 03:08AM
Re: Laird share transfer, 4 year clause and NTL
11
Orcinus
Oct 27, 2012 03:15PM
Re: Laird share transfer, 4 year clause and NTL
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CanadaGrant
Oct 27, 2012 04:11PM
Icon president Re: Laird share transfer, 4 year clause and NTL
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Chappy726
Oct 27, 2012 04:12PM
Re: Laird share transfer, 4 year clause and NTL
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deeppocket83
Oct 27, 2012 07:40PM
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