Re: Semi-OT: INK Research on Teck and Mining Overview

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%)

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calvin123456789

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Re: Semi-OT: INK Research on Teck and Mining Overview

in response to

Re: Semi-OT: INK Research on Teck and Mining Overview

Russ Reid

posted on Sep 26, 2014 07:55PM

exactly.

I think Teck likes to have a partner in most of their projects to share the costs and mitigate their finances so that they aren't on the hook for 100% of the funding while owning 75% of the project.