Teck's cost per LB.

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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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Teck's cost per LB.

posted on Jan 03, 2013 07:22PM

I have been an investor in CUU since early 2010.

I have continued to add to my position up until Dec. 28th. 2012 when there was an opportunity and I was able.

Although I have never contributed to the board I am an avid reader.

My first question is --

Someone mentioned a week or so back that Teck's cost per LB. to mine copper as an average from their mines owned was $1.26 per LB.

If my memory here of the number is incorrect or if I have misrepresented what they were referring to , could someone please let me know this figure.