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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Message: In case there was any doubt that Glencore is a really bad actor

Well, you’re certainly in good company. All of Teck’s institutional investors are in favour of the split. Here’s a quote from one of them:

“TORONTO, April 20 (Reuters) - Teck Resources investor Letko Brosseau said on Thursday that it intends to vote in favor of the Canadian miner's plan to create two separate companies, and that Glencore's unsolicited takeover bid for Teck is not "attractive."

Letko Brosseau does not find the offer put up by Glencore attractive, Peter Letko, founding partner of the Montreal based investment firm, told Reuters. It "would prefer a competitive bidding for Teck assets post the split," he said…”

 

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