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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: Hunch

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Nov 24, 2011 06:33PM

Thats why im thinking that The bfs will come out first then the drill cores after.

Teck wants to buy us out lock stock and barrel. But they also want to 100% confident they know what their buying, therefore they must wait for the BFS. OR should I say the drill samples.

Once the drill samples are released, Teck will have their guys go over the information and give it a thumbs up.

1 problem for Teck.( which I think is genus from Elmer) The BFS will be out first. then 1 drilll result at a time. so the public will have an oppertunity to see the drill results as they come out.

Im sure that Teck would much rather have the drill results out now and then they know whats their and they would just say ok, give me a pen. Teck all ready knows what they got to pay for the 75%. They just got to make a deal on the 25% ( we own )

Just my thoughts.....But if I were Teck and what happened with Fording????

I think this time they will want to know the pounds in the ground before they make the jump. Shareholders would skin them

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