Post by
godaddy8 on Sep 26, 2013 7:38am
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Warant, the valuation of the two deposits is easy, just look at the grade of the rock. Rambler is mining rock that contains over 3% Cu with other by-products of gold running 1.3 grams per tonne and silver at about 8 grams. Yes, Little Deer just has copper averaging about 2%. Add the cost of trucking this material to the Rambler mill its probably a no go at todays copper price.
Comment by
phoenix_trader on Sep 26, 2013 8:54am
Wonder if Teck's Duck Pond operation could be thrown into the deal. Duck Pond has about four years left, it is Teck's smalllest operation by far. Lots of deal making opportunities here with the Oct 12th delisting deadline as a driving force.