Re: Options Granted

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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%)

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Prospekt

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Re: Options Granted

in response to

Options Granted

cuuvette350

posted on Feb 08, 2013 06:10PM

BTW I asked, they can be in blackout and get options..you just can't exercise them.

I don't think they can give themselves options while they are in the midst of negotiations. They definitely can't issue options while in possession of material information, and I would think even knowing that Teck wanted to negotiate a deal of any sort would be sufficient to make the stock price move, so it would be material. That would seem to imply that they are not, or were not, in negotiations.