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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: Rick Rule
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Mar 03, 2014 05:52PM
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Mar 03, 2014 06:46PM
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Mar 03, 2014 10:15PM
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Mar 04, 2014 12:03AM
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Mar 04, 2014 10:12AM

Maybe he's not as concerned because he's an investor and can take his investments elsewhere if he doesn't like the geopolitical evnironment, whereas Teck would typically shell out $4b + to build a mine doesn't have that same advanatge to pull-out on a whims notice if the geo-political environment was becoming unfavorable. IMO... Teck is making investments for the next 20+ years where Rick's investment timeframe would be much shorter, therefore it would be less of a concern for him.

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Mar 04, 2014 10:58AM
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Mar 04, 2014 11:01AM
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