Re: Another week- no news
in response to
by
posted on
Aug 16, 2021 10:33AM
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%)
"I wish Ernesto would call out Teck on their "no venture to surface value and starve the jr" strategy as the SCJV operator and announce a lawsuit. A judge would not view the operator's actions/inaction for nearly a decade as "operating in good faith". "
I'm still wondering what would possess E and E to sign that JV that was literally void of any timelines or objectives almost 10 years ago. It literally gave Teck permission to do what they want, whenever they want which royally screwed regular CUU shareholders.