Re: Teck's cost per LB.
in response to
by
posted on
Jan 03, 2013 11:13PM
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%)
Storacle,
I can't help but feel there is more going on here than we know about. The "drill on, drill off, the invisible MIRA, the pre Xmas announcment of the BFX and then the lag time created to actually start the clock all make me think that there is possibly a strategic gamesmanship going on between CUU and TCK. This is my opinion only but to have the BFS drawn out as much as it has been but not having the clock started makes me wonder.
I am sure all will be revealed in the fullness of time. As has been already stated, I would have an easier time waiting if we were north of two bucks.