Re: Gold Forecast: $3,000 US

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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bostrin

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Re: Gold Forecast: $3,000 US

posted on Apr 25, 2020 04:27PM

Perhaps Teck will consider selling some of their "satellite" assets to counter their losses ($312 million in their first quarter). It would be nice to have a "partner of choice" that wants to be ready for the upcoming copper shortage with a producing mine. Intead of one that wants to wait for high prices before it applies for an environmental impact assessment.