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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: BFS Completion / teck
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Dec 01, 2012 11:37AM

very thorough JJ - thanks.

I've been searching back through some previous postings on why some persons think its a done deal that Teck will be buying out CUU - and i recall some very good points covered, and thinking you were one of them; so would appreciate your comments again.

i know Teck Highland Valley has been rumoured by some as a possible link for resources to supply CUU if Teck were to buy, but though they arent commiting to any large capital expenditures at Highland Valley in 2013, they have done major upgrading to extend the life of the mine for considerable years.

glta

cheers

jaf

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