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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: Bloomberg copper supply article

If Schaft Creek were slated to go into production in 2014, then it might be a factor. But by 2020 and beyond the bigger picture will surely look a lot different.

Teck will be playing the long game. Ernesto hopefully won't be giving this prize away for cheap.

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