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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: Teck’s lower hanging fruit
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Aug 07, 2019 05:44PM

Thank you for sharing that conversation. You wrote, in part:

"... I thought Galore was an inferior project for all sorts of reasons but, in hindsight, I wonder if that was based on Vette's exuberance..."

I'm no expert, as anyone here can attest, but I too always thought that Galore was an inferior project for all sorts of reasons basing my belief on a combination of facts and reasonable suppositions rather than anything any ex-poster might have said. So, your colleague's comment is puzzling to me. I still think it makes sense to develop Schaft before Galore. I wonder what he meant by lower hanging fruit? Some resource other than copper perhaps?

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