Re: Teck slashes dividend...
in response to
by
posted on
Apr 21, 2015 06:48PM
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%)
This is the big reason why this is so attractive.
"The stumbling block can be removed by having a partner to pay for it. Finance it through the banks. Or simply look at the initial 12 years and figure a way out where you can spend the least but make the most in the shortest amount of time to pay back your money."