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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: Perfect Storm
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Jan 16, 2012 02:07PM

"Elmer has said that they would be hiring an outside company to do the negotiations on behalf of CUU. That company would have all the information at their disposal and would be able to calculate the value-add of all the missing pieces. Teck would also have their number-crunchers who could do the same thing. This is why the stock price won't be the starting point."

Where's Elmer's reference to hiring an outside company to negotiate on behalf of CUU? Is it in a previous press release? In CUU for a couple of years now and long to the end, but don't recall reading this. What would trigger this hire?

Maybe someone could clarify this at Vancouver conference.

TIA

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