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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Message: Re: Teck Resources hikes QB2 COVID-19 capital budget by as much as $500M

I fear Don and EE are both headstrong & we could be waiting for a long time.

 

Its as though it has gotten personal with Don.  It makes no business sense to delay making some sort of a move with Schaft Creek.  It will only cost them much much more to wait and buy out the 25% later on in copper's current super-cycle. 

I still think that it will take $6 copper to force Teck to abandon Don's starve-the-jr strategy.   Hopefully we get there before too much longer.

 

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