Teck Resources Ord Shs Class A T.TECK.A

RE:Net Cash Flow sleeping

[MoneyK]

MoneyK wrote: Dear Teck, 

During your next conference call, it would be great if you could educate shareholders why an annual production of over 400M lbs of CuEq is still sleeping in the ground at Schaft Creek, BC.

With copper at $3.15 US and gold at $1900 US, that represents close to 2B CAD of revenues per year with a gross margin most likely above 50%.

60% of the capex could be financed by debt and the other 40% by streaming some gold.  With 247 000 ounces of gold produced every year during the first 7 years, less than 5 years of gold  streaming should be sufficient to put this mine into production with ZERO additional cash from Teck.

How much better can it get for shareholders?

JIMO,

MoneyK

Dear Teck,

I guess it might be another 3 to 6 months before any Schaft Creek numbers are shared with the public, but allowing Copper Fox to now work on a PEA version of the truth is another step in the right direction.  Thanks.

IMO.

MoneyK