Teck still has low hanging fruit

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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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neofight

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Teck still has low hanging fruit

posted on Aug 11, 2020 12:16AM

I posted this about a year ago, on August 7, 2019. As far as I can tell, nothing has changed except some uptick in metals prices, which "floats all boats", our projects and the other low hanging fruit Teck is looking at:

I played a round of golf a few weeks ago with Scott Wilson, Teck’s treasurer. We talked about Schaft Creek and he basically told me not to hold my breath. That Teck had lots of lower hanging fruit. He even described Galore Creek in that category. I thought Galore was an inferior project for all sorts of reasons but, in hindsight, I wonder if that was based on Vette’s exuberance. I didn’t get the impression that Scott was BSing me.