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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: TECK PROFIT.
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($ in millions)

Revenues

Gross profit before depreciation and amortization

2012

2011

2012

2012

Copper

$ 2,247

$ 2,330

$

$ 803

$

If we assume a copper price of 3.25 doesnt this table from Teck report imply costs of 2.247 per pound of copper?

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