GREY:CATXF - Post by User
Comment by
Qbar82dvon Feb 24, 2013 7:59pm
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Post# 21036251
RE: RE: RE: Predictions
RE: RE: RE: Predictions I believe that Teck will keep at least 51% as it develops this into a mine. Their copper production is being upgraded to being more profitable (above average cost now ) with more volume. Galore project is more advanced and larger with higher costs.
I also predict another deal with CCY to bring La Verde to the construction stage within the 3 year period.The reason being an excellent job so far and who would know this area better. The $20 M is to be spent or they may get bought out by a group which includes CCY for the agreed $20 M.
Kind of a weird deal I guess with CCY being almost broke and Teck with $3 B cash.