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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: Teck Conference Call Transcript
18
Feb 13, 2014 06:55PM

And as you noticed, we haven't been able to find that yet. So the sellers' expectations are often very high and we haven't been willing to pay it.

It occurred to me that everyone knew they had put together a consortium for Las Bambas and then stepped back when the competition drove the price up too high. He could have been referring to that.

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