Teck May Consider Copper Acquisitions as Output Declines
By Christopher Donville - Feb 7, 2013
Teck Resources Ltd., Canada’s largest diversified miner, may consider acquisitions in copper mining to help offset an expected decline in the company’s output of the metal, Chief Executive Officer Don Lindsay said.
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Hi Mr. Donville, what I don't understand is that there is no mention of Copper Fox's Shaft Creek 10.6 million oz gold, 98.3 million oz silver, 10 billion lbs copper, 700 million lbs molybdenum, Measured, Indicated & Inferred in your Teck article.
Copper Fox submitted a Bankable Feasibility Study to Teck way back in January and Teck have 120 days - to June 4 - to tell Copper Fox whether they are buying back in for 20%. 40% or 75%. This is a huge story yet no one is telling it in the market place.
Mr. Lindsay keeps dancing around it yet never actually mentions it. According to people who have spoken to Mr. Elmer Stewart of Copper Fox there are numerous huge entities waiting in the wings for Teck's decision.
Why isn't the Copper Fox story common knowledge?
