Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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https://business.financialpost.com/commodities/mining/a-complete-disaster-investors-take-aim-at-teck-ceo-don-lindsay-after-commodity-cycle-misses

"... Lindsay argued the company has ample liquidity to weather the downturn, and promised investors that his current strategy — investing profits from coal into copper — would allow the company to capture the upside of decarbonization and “electrification” of the economy."

“What is most important to remember is that we’re in an investment cycle,” he told conference participants. “We are deploying the capital necessary to maximize the value of our steelmaking coal business and execute on our copper growth strategy.”

“Our approach is actually very straightforward: Teck is implementing a copper growth strategy, financed by the strong cash flows from steelmaking coal and zinc.”

Come on Teck, it's time to pull the trigger !!!

MoneyK

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May 20, 2020 11:40PM
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