Re: Dollar down below 88 cents
in response to
by
posted on
Nov 05, 2014 10:50PM
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%)
Sorry to go on about this but if you look at that chart again at the yearly average of 2012 and our yearly average in 2014 based on National Averages we are actually .10 higher this year. I'm sure as Simc1 just pointed out our average should continue to gradually drop.
I also don't believe Teck would use a spot price in their calculations.
http://www.energy.gov.on.ca/en/fuel-prices/fuel-price-data/?fuel=DSL&yr=2012