Re: Don Lindsay on BNN Friday at 5:30 PM Eastern
in response to
by
posted on
Mar 23, 2015 02:04PM
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%)
I didn't realize it had risen as high as 7% when Teck's share price plunged. Historically I think it's closer to 4.5%.
That just further cements that Lindsay's copper appetite is substantial.