Re: Teck shares now back to where they started prior to Glencore offer: Pressure is on
posted on
Oct 27, 2023 07:47AM
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%)
Spitfire. you're right. We have had several PPs. However, there were several years in between. But with the size of the last PP, they can barely last about 8 months. To release another PP would be completely ridiculous and a confirmation of complete mismanagement (Allright, I know many of you think so anyway and I am one of them LOL)