Re: Teck's BMO slide presentation along with Project Satellite Summary is up on their website.
posted on
Feb 26, 2019 05:47PM
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%)
Yes things could have moved faster but the faster they moved the sooner Teck would have had to make a decision on SC on weather to proceed but unfortunately with the base metals market being where they were and the projects they were commited to (Fort Hills,QB2) before Project Satellite we got pushed out longer than we expected,I'm sure if metals didn't faulter we would have been gone by now ,Teck has their timelines,pipelines and are doing all the work to prove to the market what the majority on this board already believe to be SC potential.