Re: Let's explore the potential ugly downside...
in response to
by
posted on
Jan 07, 2013 02:16PM
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%)
Fair question
Sorta depends on why Teck would walk
I am adequately saturated with the Kool-Aid that unless something really foul is disclosed, I'd try and limp along, selling handfulls as required and try and wait it out
If the unthinkable, something material is disclosed, I suppose Hari-Kari would be in order