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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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Message: Re: royalty
2
Feb 09, 2013 11:48AM

No, Teck has to have the royalty. With Royal Gold's holding the two royalties are too much off the top for this to proceed. It's the LOM value that shows their full worth. At almost 10% that's one of the biggest premiums I've seen on a deposit considering what was paid for them.

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Feb 09, 2013 12:17PM
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