Re: Teck slashes dividend...
in response to
by
posted on
Apr 22, 2015 02:39PM
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 would say that depends on what kind of fund it was. If it was in an income fund, then it would probably be removed from that fund if the divy cut was below threshold. Teck doing ok today as far as price.