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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (35453)	3/9/2007 12:55:29 PM
From: tyc:>	Read Replies (3) \| Respond to of 78421

I recall they built a railroad to Dease Lake, near Schaft Creek. It was meant to open up the country to mining, but I don't think it was ever used before they dismantled it. I suppose the right-of-way still exists. Teck used to own 100% of Schaft Creek. Why would they agree to pay present owners 4x the money they spend to buy back a 75% interest ? Why wouldn't they spend their own money ? In contrast, it is their money (tentatively C$9M) they are spending to explore Lysander's (Jayjay etc) property south of the Kemess mine. Hard to understand their logic.