GREY:CATXF - Post by User
Comment by
mudguyon Jan 20, 2013 8:23pm
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Post# 20864018
RE: RE: RE: PEA
RE: RE: RE: PEA If Teck offers 8 cents, I suspect they will get silence back. This project will generate a lot of cashflow and is a perfect fit for Teck's current development portfolio. They have several expansion projects of modest cost (a few hundred million) and a number of multi-billion projects that they are not moving along very quickly. La Verde is basically $1B to build and they could easily find a partner to take a minority or majority position.