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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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Dogger 12

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Teck holds on to money

posted on Oct 26, 2013 02:08PM

Mining - Chile

Teck freezes purchase orders at Chile's US$5.6bn Quebrada Blanca II

By Juan Andres Abarca - Friday, October 25, 2013

Vancouver-based Teck Resources (NYSE: TCK) provided further details of its plans to delay development of the US$5.59bn Quebrada Blanca II copper project in northern Chile's..

Who knows maybe Teck needs more money because they seen some or part of the drill results from Shaft Creek and have to put a purchase price into Elemer big enough that he cant refuse it....just say`in.