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but i do know a person employed with Teck in a project mgmt position, and while never heard of SC several months ago, he does now, but also recently mentioned Tecks concern with it S. American properties and espicially its coal operations in Canada. Focus on copper seems to be much of its interest.
jafcan this statement rings true with me. I also know someone but this is all the info I could get as well.
I've been holding since 2009 it's the "what if" that keeps me invested.
It's like that tortoise and hare race, we thought we would be like hare at first but we have turned out to be more like the tortoise ...slow and steady. Hopefully like the tortoise we will also win.
Jewelz
Also got the papers in the mail Friday regarding the Annual General meeting.
Qtrade shows deposited dividend
To be clear. Copied form CF website
In addition, Teck will fund 100% of costs incurred prior to a production decision up to $60 million; Copper Fox's pro rata share of any pre-production costs in excess of $60 million will be funded by Teck and the direct cash payments payable to Copper Fox will be reduced by an equivalent amount, and Teck will fund any additional costs incurred prior to a production decision, if required, by way of loan to Copper Fox to the extent of its pro rata share, without dilution to Copper Fox's 25% joint venture interest.
As above we have 23.93 million now to do what we want with now.
Looks like a positive reaction from Teck shareholders they are green today.
I am interested to see what happens over this next week.
It's been a long 4 years.
Nice to see progress!!!
Here is an article on how much cash is held by our top companies Note the remarks by Don Lindsay.
http://money.ca.msn.com/investing/canadian-business/dead-money
If Elmer, Tetra Tech office and Teck office are all in Vancouver, I would be more concerned if Elmer wasn't in Vancouver rather than being concerned with his return to the office tomorrow.
IMO