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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: Semi-OT: INK Research on Teck and Mining Overview
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Sep 26, 2014 01:30PM

given that Elmer is focused on tax efficient liquidity events there is a good likelyhood that a buyout will involve Tck.b shares. I would happily accept a somewhat discounted SC valuation in favor of super cheap tck.b shares.

With due respect, can you tell me why you feel Teck needs to buy out Schaft Creek? I didn't think Teck needed to buyout Schaft Creek as they already have the port and the required lands. Am I missing something?


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