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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: Kerry Smith of Haywood
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Kerry Smith, mining analyst of Haywood Securities does not think Teck will eventually purchase Las Bambas. Could be too expensive, depending on the partnership arrangement.

Near end of the clip:

http://money.ca.msn.com/video/?videoid=b3737906-1d4d-4516-9e72-fa6a7e978f02

http://ucp_video_en-ca.msn.com/?videoId=b3737906-1d4d-4516-9e72-fa6a7e978f02&from=sharepermalink&src=v5:share:sharepermalink:

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