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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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Message: Re: Teck loaded with cash
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Feb 27, 2022 05:19PM
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Feb 28, 2022 12:09AM
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Feb 28, 2022 10:01AM

Teck is playing a game, basically telling all other potential buyers that they will sit on their investment a long time if they buy our 25%.

However, when you think about it, saying publically that SC will be in production before (e.g. 2028) would not be very strategic at this point if you're intention is to buy the remaining 25% without too much competition.

IMO.

MoneyK

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Feb 28, 2022 10:18AM
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