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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: Starter Pit
9
Nov 28, 2011 07:36PM

Chappy my thoughts on this are that Teck may want to drill the property for four or five years and they might come up with a starter pit somewhere else on the property , But to do this they would have to buy us out so they eliminate the time line they are saddled with , with us owning 25% . I often wonder if Lionel Hutzs was the lawyer that dru up the back-in agreement , seems like a really sweet deal for us .

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Nov 28, 2011 08:13PM
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Nov 29, 2011 12:52AM

Nov 29, 2011 10:38AM
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