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%)

Free
Message: Dollar down below 88 cents

I was at Teck's line creek mine on Thursday. They have a sign at the guard house that says that mine alone consumed 27 million litres of deal last year. multiply this by 5 or 6 mines. tech buys a wack of feul. Teck got.into the oil sands to hedge their exposure on crude. they are western Canada's largest consumer of diesel. They also are not paying anywhere near the pump price. For starters they wouldn't pay the ~8cents in road tax.

Teck also uses a percentage of their fuel to blast with. I was told by an employee approx 1/3. The short answer is that's the low hanging fruit if your looking for optimization.

Share
New Message
Please login to post a reply