Re: More to my post
in response to
by
posted on
Jun 15, 2015 12:54PM
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%)
If that was the case what other Junior would want to do business with Teck afterwards. No one would even want to go through the headaches of starting up a junior anymore if that was the case with all Majors. What you dont understand is Teck understands the value of doing business with JV's since they rely on them to do all the discovery work. Teck will give us all the information we need.