Re: Letter to Teck -- Stop the hostile and costly SCJV partner starvation insanity
posted on
May 18, 2023 03:07PM
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%)
We applaud your initiative for venting our collective frustration. Your points are all valid and compelling. However I'm not sure an anonymous email threatening unspecified action will move a multi billion dollar company to change their decades long strategy. Their rely, if any, is eagerly anticipated.