Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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%)

Free
Message: I AM OUT

Teck Resoures last quarter earnings.

http://business.financialpost.com/2014/02/13/teck-resources-profit-hit-by-low-coal-copper-prices/

$227 million or 40 cents a share.

Teck outstanding shares 576.31 million.

Analysts expected 44 cents a share.

$20,000,000 / 576,310,000 = 0.035

Please don't say $20,000,000 is peanuts. It's 3.5 cent of each Teck share. They just missed expected earning of $4 cents.

Nothing is guaranteed. You are right. That's why there are risks in every investment. That's why we can profit from CUU.


But from the money Teck is spending, the actions they've done so far, plus all the other things, it feels like Schaft Creek is being set up for getting a production decision.

Share
New Message
Please login to post a reply