Re: CUU in the news
in response to
by
posted on
Feb 17, 2015 01:34PM
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%)
Now this .....I agree with you Deeppockets
The problem I have, and this is what I have been trying to get at.
At what cost,"to us shareholders"
do what have to bear by excepting this down grade?
I get and I agree that a production decision is getting closer and Teck ( I think) needs to get the numbers as low as they can to please Teck's own share holders.
But how much of a kick in the teeth do we have to take to get it there?