Re: possible buyout scenario.
in response to
by
posted on
Jun 25, 2020 09:55AM
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%)
Who knows what will happen in the next couple of months, but if nothing good is about to happen,
1) why would Elmer continue to invest all these hours as a CEO when almost close to 70 years old?
2) why was the AGM pushed as far as possible and timed after the completion of the 2019 report?
3) why is Teck promoting copper these days and re-structuring their debt?
MoneyK