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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Buyout factors
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Nov 23, 2011 01:17PM

I don't know what the barriers to entry might be such as immigration, certifications, etc., but there certainly is no shortage of labor in North America with the U.S at over 9% unemployment and with several percentage points higher than that of underemployment. I don't know, but I suspect the same situation exists in some of the more developed regions in Canada, closer to the US border.

What I am saying is that any labor shortage that might exist is purely due to various kinds of bureaucratic hurdles. Obviously, there are those who prefer not to live in a colder non-urban enviornment, and many who won't leave family and friends, but there are literally millions who would go there for a good job.

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