Re: Investing 101
posted on
Jan 17, 2013 01:44PM
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%)
but if CUU drops to them the BFS its game over for Teck... CUU will reject their offer entertain everyone else that wants in... the dirty tricks can go both way...