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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: Be littling people
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Feb 17, 2015 09:15PM

I think you missed what I was saying. It is not that the costs of the condos are different, it's about how much debt will there be. How much interest will be paid. Possibly with the phase option I pay 30% of the debt or something and my second phase debt is less and payed off quicker. Starts to sound like this could be the winning option in the long run. Fact is Teck is doing this, they are trying to make the potential mine more profitable, not less.

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