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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: Future
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Nov 07, 2014 08:26PM

Do they need to "use" anything to delay? Does the JV agreement state once these items are completed a decision needs to be made? I'm not trying to put words in your mouth, but thats how I am interpreting what you said. I may be of the wrong impression that there was nothing written in that could force Teck's hand. I admittedly have not studied the JV agreement, but it seems that you have.

hoghead, I'm glad you said this. I want to ask everyone. What benefit will Teck get if they delay SC? Or any of their other projects. If we do see a higher copper price in the future, why wouldn't they get their copper assets in their pipeline into production asap?

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Nov 08, 2014 01:34AM
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