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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: Another great day for Teck
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Feb 24, 2016 02:42PM

"what are your thoughts on the percieved "shelving" treatment we are getting."

Well, if we knew the answer to that one we would all be rich. I still have a hard time believing that when Teck decided to take the 75% there would not have been some sort of stipulation or gaurantee between the two parties that they would actually be carrying through with the project from the get go. Apparently not. I guess you would have to ask Elmer what happened there..... I guess that's why most of us are still here. I think it's going to be a mine buy who knows the real answer to that one. The only copper mine they have in Canada is Highland Valley. They closed Duck Pond last year and they say HV is good to around 2027. I kind of thought they would have started on something by now and plans for anything this year would have to be announced soon. Man, I hate that word...

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