In a previous post I suggested a new location would reduce capital costs and greatly improve net back. Then came the last report which said.
investigating a range of access options, revisions to planned infrastructure, re-locating the tailings management and mill facilities to utilize options that significantly reduce capital and operating costs.
I suggested C&P
" Processing the ore of both deposits in one location it benefits long term profits. The IRR of Shaft Creek would benefit immensely. It is within easy transport distance of the Moar creek facility.."
133tpd mining at Schaft Creek is in line with the planned volume for the facility at Moar creek. Tailings accomodation there is far greater than will be required for Galore. So why not investigate permitting it for the Schaft Creek deposit also. The same company Teck has ownership in both deposits. One common Admin station, Some difference in mineral makeup between Galore and Schaft Creek would allow greater flexibility in targeting highest market mineral price maximizing returns.
After doing the leg work it may not work out. But it is one option or possibility being looked at by Teck in their internal studies. This kind of study I would suggest is in house for Teck. It has nothing to do with Copper Fox. So not required J/V information part of the JV.
Elmer is not privy to everything Teck thinks inhouse or long term.
I would venture to say. I suggest there is more to be gleaned by casually speaking with and getting to know Tecks investor contact. Than with Copper Fox.
TECK is the end game. In Chess the Queen. Presently CUU equal to a few of Pawns