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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: Copper Fox vs. QB2

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Jan 11, 2019 12:36PM

Honnestly, if I would be Teck, I would probably pay a decent price for Schaft Creek.

Afterwards, I would Swiss Cheese all the other zones at Schaft Creek that I got for free and sell them as extended phase 2 and phase 3 projects (same as QB).

That would easily pay off for the initial purchase if the other zones are equivalent to the current zone.

MoneyK

 

 

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