Re: Looks like it will have to be tomorrow
in response to
by
posted on
Mar 28, 2013 02:18PM
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%)
I think we would have a third party review any sale or transaction - Teck or otherwise.
This is different from what I'm talking about. They will hire a company to give them a fair market valuation and that is standard to give their shareholders, for one, the confidence to know that it is a fair deal.
What I was saying was that if Teck walked Elmer was talking about hiring a company specifically to market the project. A sales effort. This would be someone involved in M&A in the resource field who had contacts and information about who was looking. They would be actively contacting majors to promote the project. They would take a percentage.