Re: Not Good - Investorish and al.
in response to
by
posted on
Feb 08, 2013 09:38AM
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%)
Thank you, CanadaGrant, for your perspective. We've all been trying to connect the dots in various ways to read what is going on. The aquisition of land around Schaft Creek by Teck and us does make me wonder if there is a larger, collaborative plan of which we are all unaware.
My thoughts are that by the end of March everything will be much clearer. I just can't see Teck taking its sweet time deciding what to do.
Cheers, SF