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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: Asking price
4
Feb 13, 2014 09:53PM
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Feb 13, 2014 10:32PM
I think Teck needs us too badly. Chile operations are up in the air given the new socialist government. This resource is in their backyard and is needed to bring more copper into production. Teck can play it cool and low on the phone but they sure made quick work to get their drills in there once the JV was inked. I'll bet there are a lot of calculators on both sides running the numbers to prepare for negotiations IMO.
3
Feb 13, 2014 11:45PM
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