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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: It's all so confusing..............

There is no confusion.

The job of management is to optimize shareholder value.

In this case that means quantifying to the maximum extent possible, (within the constraints of the existing contractual relationship with TECK, who contracted with CUU to explore this parcel that TECK owned in the first placae), the mineralization at Schaft Creek, and providing proof, in the form of a BFS that mining here was at least a break even proposition.

The duty to shareholders is independent of daily SP fluctuations, which can be easily manipulated due to the relatively small number of shares actually being traded.

Shareholder value will be optimized as the economics of the deposits are defined and included in the negotiations with TECK or whoever the ultimate developer winds up being.

The shareholder whose interests are paramount, and who continues to foot the bill for the activities that are growing value for all of us is EE.

EE probably does not care much about the daily SP because he knows what is being proved up and is willing, actually insisting probably, that the package be expanded to include as much of the mineralization in the shortest possible time.

I believe this is the course they are pursuing and it may not coincide with the needs or wants of a few retail holders, who do not understand the value proposition at hand.

But it is the way to optimize shareholder value, and the majority shareholder will dictate the process.

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