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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: Stay away from Teck
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Excellent post Golf.

The notion of Teck making a move before the next economic up cycle makes sense as it will only cost that much more if copper is north of $5/lb.

I wonder if doing this deal over the winter also makes sense so that CUU is out of the way for the next field season and Teck can go gangbusters up there with drilling/roads/bridges, etc. for SC and Galore...

K

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