Re: NEWS!!!
in response to
by
posted on
Apr 08, 2015 05:47PM
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%)
Seems Prospekt dipped into this some, I would like to add to what he said; if Teck wants to stall they will throw together garbage work plans to meet minimum and not allow us to generate a plan.
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FYI, Prospekt is a she.
Teck has full control and could easily frustrate any of our plans.
I think Teck will either develop or sell us.
Once optimization studies are completed they will have some options for sure.
I dont think walking away is one of them.