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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: Re: Liard shares
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Dec 11, 2015 12:19PM
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Dec 13, 2015 12:37PM
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Dec 13, 2015 02:29PM

do we own 25% of the sc jv 85.5% ?

We own 25% of the JV shares which are 85.5% of Liard, so our share is 21.38%.

Plus we own a separate 1.47% which is not included in the Teck JV.

So we have a grand total of 22.845% of Liard.

I think these shares might have come from Glencore since they are really squeezed right now and probably prime for selling off assets.

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Dec 13, 2015 02:44PM

Dec 13, 2015 02:45PM

Dec 13, 2015 02:45PM
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