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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: Good report on copper?
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Dec 20, 2013 10:27AM
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Dec 20, 2013 12:20PM

"If Teck was "rushing" to get all their ducks in a row, as you stated, we would not be trading at .37 and dropping. Unless of course our buy out price ends up being at the sub$1.00 range."

I don't know if Teck is rushing to get all its ducks in a row either but I think you're making the mistake of correlating a buyout price with the current share price rather than the future value of what's in the ground. Acknowledged that what's in the ground has yet to be firmly established, it seems.

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