Re: Why would TECK walk?
in response to
by
posted on
Jan 07, 2013 08:26PM
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%)
Re: Chile’s Copper Commission (COCHILCO) said the country is delaying 11 of the 45 mining copper and gold projects considered in the total 2012 portfolio...including Quebrada Blanca, Relincho
Wow that is huge. I knew that QB was delayed but that is saying that that Teck's next 2 potential mines have been delayed by forces outside of Teck's control. With this kind of political enviornment, there is no way that Teck cannot afford to jump at this SC opportunity.