Re: Dollar down below 88 cents
in response to
by
posted on
Nov 04, 2014 03:13PM
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%)
Aside from forex and metal pricing, if Teck is able to shorten the contruction timeline and reduce the payback period, it'll improve the NPV much more. This is the information I hope we get from the JV.