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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: Schaft Creek developments
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Apr 24, 2014 11:38PM
I agree art but they have to be careful and not make it look like they are paying too many multiples of SP of CF and EE holds the trump card. If you were a Teck shareholder I don't think you'd be happy with an acquisition that they appear to be paying too much for even though the company knows more than what has been disclosed. I just don't think the timing is right and it really is a double edged sword to allow the true value of the project to show itself and then have to react quickly before the market realizes the true potential of CF. Even Maude would have to agree!
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Apr 25, 2014 02:03PM
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