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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: Schaft Creek developments
What it means is Teck paid a premium for Fording which probably looked at the time as a good acquisition but because the market quickly tanked was in retrospect just a bad time to pull the trigger. In our current "non friendly" metals market why would Teck want to take a chance again right now
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