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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%)

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Message: Teck presentation deck from this morning

We'll see, but Rio Tinto is betting on seeing the deficit by the end of this year and 2016. I think many have exaggerated the surplus and the number of new projects that would be coming online, so I think we're going to see increased demand and a big recovery before 2017. Then again, I've been wrong a hell of a lot too.

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