Re: Teck sells another asset
in response to
by
posted on
Oct 07, 2015 04:44PM
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'm not convinced buyers interested in schaft creek would want the entire company. possible schaft creek can be sold seperately and copper fox the company continues on as an explorer business as usual