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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: Teck Clock

The black out period for Copper Fox last very long (6 Months) to make a JV with Teck. In my eyes to long only to make a JV out of it.....

My feeling is that Teck make an offer to EE behind closed doors. As it seems it was to low for EE to make a deal with Teck. Now Teck let the clock ticking and this clock goes very slow. I don't think that Teck is highly interested in bringing more value to SC, why? To make it more attractive and even more expensive? Maybe they wait for EE to make a Step in Tecks direction?

Hope this come to a good end shortly or may we say "soon" ;-).

GLTA...Waterjoe

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Nov 23, 2013 03:14PM
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