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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: Behind closed doors
8
Dec 14, 2011 01:03PM

See, now I don`t see it that Teck offered Elmer anything just yet. Maybe their has been some thinking outloud of prices but I really don`t think Elmer got his feeling hurt. The reason why I`m saying this is.

Teck does want to see proven minerals, they need them. They know that CUU has the right stuff, so lets just wait bit and prove it. Once proven , it would be much easier to convince share holders to buy it, possibly the whole thing ( which I belive will happen). That would keep Teck happy because they have decades of work ahead of them.

PLUS

From what I`ve been thinking is, THey make Elmer part of the board,Elmer more than likely could careless one way or the other, but for status.....ya he`s probebly pleased. Now Teck probebly has BOXXER in their sites aswell. THey know Elmer is very professional, Boxxer so close. So from what Im thinking is make ELmer part of the board, make him happy. Prove up CUU, we`ll take it, then prove up BXX, we`ll take it too.

Don`t know if this is true but it sure seems like a working solution for Teck. Teck has property all over the globe,,,,Yet Canada is the safest place to mine and road, shipping, cheap hydro etc... partener ( CIC ) .....hummmm......makes complete sense to me.

Whats everybody`s thoughts on this?

9
Dec 14, 2011 01:56PM
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Dec 14, 2011 02:18PM

Dec 14, 2011 02:49PM
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Dec 14, 2011 03:09PM
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