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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: radagast who wrote (9633)	8/29/2015 1:12:05 PM
From: louel	3 Recommendations Recommended By biggerbob68 Hog Head radagast Respond to of 10654

Teck has properties they could promote here. With more determination and a bit higher spending Shaft Creek assessments could have been completed this year. But they allotted 1/10th of what they spent to create a park in the Kootenay area, less than they donated to help build a health care facility at the coast. Goldcorp has three gold properties between Timmins and Cochrane, Borden is an advanced exploration project, considered to be one of the best development assets in the industry. The property lies 160 km west of the Porcupine mines with an indicated resource of 9.3 million tonnes at 5.39 g/t Au and an inferred resource of 3.0 million tonnes grading 4.27 g/t Au. T he others contain 1.6 million oz. and 400,000 oz. of gold. Goldcorp already mines in the area. Concentrating operations lowers costs. Certain projects can have shared management and environmental positions, among other things due to close proximity. Yet they both chose to make their next investment during this time in a more right leaning country. The current polls on the upcoming Federal Election having the socialists NDP's Tom McBeard in the lead. Who is promising if he is elected, the Government will provide 1 million child day care spaces at a cost of $5B by government. Who's he going to tax to pay for that ? Says he will increase Corporate tax rates by 7% plus an increase in personal tax by disallowing income splitting in families. This Coming on the heels of the Alberta upset. Where the new Premier of the provincial NDP increased corporate taxes by 2%, hyping royalties, instituting carbon taxes on all fuel (Consumers and business) driving up minimum wages, and squandering over $600M she doesn't have on programs to satisfy the request of teachers. Setting the stage for workers to ask for further increases from industry. Where most oil workers already cost the employer in excess of $600 per day benefits in. All the moves that are adverse to encouraging business. It's not a coffin for BC mining. But it may cause some apprehension to proceed till a clearer picture of what the political climate is to bring. Plus First Nation Rights which were affirmed by the Prosperity decision. Has definitely made companies take leave. To ensure the agreements they make are iron clad. G/C and S/C will be mined eventually. It just may not be seen in the time frame of older investors, such as myself. And perhaps that's not all bad. I have been there and enjoyed it's wilderness and pristine beauty. There is a little part of me that hates to see it contaminated. In the end Progress will always take precedence.

To: radagast who wrote (9633)	8/29/2015 6:19:22 PM
From: explorationguy	2 Recommendations Recommended By biggerbob68 radagast Respond to of 10654

The announced timeline for Relincho is 12 -18 months for the PFS and then an FS. So that's 2-3 years for the studies and then a year or more to submit and get regulatory permits. Here's the latest project pipeline for Teck: Relincho now has a path to get to the pre-sanction stage where QB2 sits. We need to hear this year if Teck will announce a similar path for SC. I've never seen anything publicly released that the optimization studies will result in a technical resource update, which is essential before any project development such as permit applications can proceed. I still think Teck needs to have another option on their plate since all of their eggs sit in a Chilean basket. There are two risks right now in Chile, labour and permitting issues. Teck is in no hurry to decide as these issues may resolve themselves and copper prices may recover over the next 2 years. We don't have the luxury of waiting two years since there's little money left in the till.