Re: Teck's cost per LB.
in response to
by
posted on
Jan 04, 2013 10:22AM
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%)
Am I saying that I know? Nope. Could it have been done better? They did better than most juniors the day they got EE to sign up with CUU. Just saying that we should not use adjectives like incompetent until proven otherwise.