Re: What is up with all the conspiracy theories?
in response to
by
posted on
Feb 06, 2013 12:16AM
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%)
Holding Teck's feet to the fire is no way to negotiate at the beginning of a discussion. CUU has the contractual agreement to turn the screws as needed but it's not necessary to commence from this position.
Personally, I always bought the union representatives a cup off coffee prior to slamming the collective agreement on the counter.
We are talking with Teck; this is a really good thing. Let's see how it develops.