Selling or streaming

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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MoneyK

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Selling or streaming

posted on Oct 12, 2020 11:51AM

Since SC has precious metals, wouldn't it be better for Teck to take us out and stream the Gold and Silver for e.g. 10 years if they want to reduce their financial exposure?

2.3M ounces of Gold produced in 10 years x $600 US per ounce = 1.38B US.

After 10 years, they would benefit from 100% of the revenues instead of sharing it for several decades.

I guess it comes down to a math calculation, but what's nice is that SC does provide that option.