Re: So much for those who say CUU always sells off on news....not so
in response to
by
posted on
Sep 12, 2014 04:49PM
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%)
I think they are saying that Teck cannot just be the operator of SC and just leave it. They have to actively improve the project. Whether it is more drilling or studies or even production decision.