Re: Very Interesting re: TECK cash

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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Spitfire191

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Re: Very Interesting re: TECK cash

in response to

Re: Very Interesting re: TECK cash

simbran

posted on Aug 15, 2017 08:16PM

Hey, its not everyday a company that you are hopeful will take you out spends the last 1 or 2 yrs cleaning up the bankbook (reducing billions in debt and reobtainig stronger credit rating) as well as selling billion dollar assets to give them a strong cash position. That is great reason to be optimistic. Teck today and Teck 2015 are very different companies and today they are in a very real position to take us out.