Re: Teck questioning Fort Hills

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: Teck questioning Fort Hills

in response to

Teck questioning Fort Hills

Prospekt

posted on Jan 08, 2015 01:46PM

Are you referring to this article?

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/sinking-crude-prices-could-put-suncors-fort-hills-project-on-hold/article22321243/

SC does seem to be the better project but Teck does want to diversify themselves. They may see a price rise in oil in the future for them to continue the construction.