Re: possible buyout scenario.
posted on
Jun 25, 2020 12:45PM
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%)
TECK lost over $24 billion dollars since the time copper fox was woth $1 billion.
I never said Teck managed their business very well either. They lost that much because of similar reasons as CF's. A near-complete loss of confidence in management as good stewards of capital.
JMHO
P.S. I'll bet you will only keep up the character attacks as your go-to rebuttal style. When I see a thoughtful rebuttal I'll chime back in again.