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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: plan b
6
Apr 05, 2013 09:39AM
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Apr 05, 2013 09:48AM

I am having trouble with the lack of plan b

We are being told everyone is waiting to see what Teck is going to do.

Teck has 5 choices, buyout and then there is no need for plan b.

On the other 4 (walk, 25, 40 and 75%) a suitor can effectively just work the numbers.

One would think if another party was interested in a large safe deposit Elmer would help them

crunch the numbers for the 4 alternatives to be ready . Not that we know this is not being

done but it doesn't seem like it.

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Apr 05, 2013 10:18AM
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Apr 05, 2013 10:19AM
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Apr 05, 2013 10:42AM
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Apr 05, 2013 10:49AM
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Apr 05, 2013 11:01AM
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Apr 05, 2013 11:17AM
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