Re: NEWS!!!
in response to
by
posted on
Apr 08, 2015 05:03PM
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%)
Good point, someone might think that and it could send us to the dust, but personally I do like to think for myself and I might still want to look into it. There could also be other reasons why Teck didn't want to be in a specific project, but I do see your point.
I guess my thought was if we wanted X for 25% then we could probably get X * 1.25 (or something else) for 100%.