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Gold/Mining/Energy : Copper Fox
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From: explorationguy3/17/2015 9:09:50 PM
2 Recommendations  Read Replies (1) of 10654
 
I've been waiting for two releases this month, the 2015 work plan and the updated annual information form, both from Teck. The annual form has the reserves to year end 2014 and is posted here: teck.com Teck hasn't updated the usual location for reserves in the Diversified Mining section and I found the latest version accidentally while scrolling through the financial report section. Not a single pound of copper from Schaft Creek has been booked by Teck after two year end opportunities to do so. It's still an "other" project and not a "development" project. The work plan is spending more than last year but still no schedule to advance the project. I don't see anything to prevent the share price from drifting down below 15 cents again until maybe the fall. I did sell 80,000 of my sub 15 cent shares at just over 20 cents today but the rest of the shares are still waterlogged. I don't see a sale of SC in play, unless EE throw's in the towel. That actually would be a relief to end this.
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