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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: Very Interesting re: TECK cash
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 I think this is old news. It was in the papers last May and was reported here. Teck used the dam as a guaranteed source of cheap power for their Trail Ops for years and along with the sale got a fixed (as in low) price for quite a long time without having to put out a huge amount of money for upgrades to the dam. The date on the below link is from last May.

http://vancouversun.com/business/local-business/teck-resources-to-sell-stake-in-waneta-dam-near-trail-for-1-2-billion

 

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