Re: Hard BFS copy to Teck.
in response to
by
posted on
Dec 06, 2012 02:44PM
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%)
Like in :
TCK : We want to buy CUU out .
Elmer : Now you re talkin. How much?
TCK : I dont know, I was thinkin bout .... cough... 4 bucks .... cough...
Elmer : Oh ... really? How do you get to that 4 bucks?
TCK : Well SC is proven so lets say 3.50$ there and 50 cents for all the rest.
Elmer : 50 cents for the rest of the district? You must be out of your mind?!
TCK : That's the point, we don't fully buy the whole ''district'' thing... there is not much proven yet...
Elmer : Ok well give us 4 bucks for SC and we'll keep the remaining lands and form CUU2 so what do you say?
TCK : Darn .. uhh I mean, well... We would rather get everything in the area so we can you know, do our things... without you around and all...
Elmer : Show me the money or let's focus on the basic deal only for SC and we keep the surroundings and talk to you in a couple of years when we know the full value of it ....
etc...
I know I'm bored...