Re: Teck June 29th presentation- Copper Growth Strategy

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MoneyK

Rank: Treasurer [?]

Points: 8673 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Teck June 29th presentation- Copper Growth Strategy

in response to

Re: Teck June 29th presentation- Copper Growth Strategy

golfyeti

posted on Jun 30, 2020 10:00AM

Fully agree. It would not be prudent for Teck to invest all their copper money in the same basket. It would reduce significantly their leverage when negociating (e.g. with the local authorities) and would increase their risk in many ways (exchange rate, market downturn, strikes, etc).