Re: Teck buys (more) of copper/zinc play....but its not us...yet
in response to
by
posted on
Jul 11, 2017 09:20AM
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%)
Correcto,
Anyway the very wrong statement isn't around how much we got, it's that we EARNED 25% not gave away 75% for it. There is a big big difference.