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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: BFS this Q and Assays next week at the latest

This time there's not doubt about the BFS. The things that could cause a delay are all good things and would drive the price up. 421 is going to meet my expectations and the hole up the valley might show us a whole new range of possibility. A high silver hit connecting the deposits to the north would be worth money.

So we want to sell the main zone and take development rights for the rest. To increase the value of those we need results. The company must decide whether to get more reserves in the main zone or increase the known in the other zones. We are going to hope for enough time for some holes in either case. Each hole will add to the total dollar we can get. The question is which approach gives us more.

423 gave us a new and different mineralization. Where did it come from? Does it have a root? The hole up valley will show what's coming out of the structure that runs the whole length. Again, where's the source?

If you knew you had a month before the back in what option would you go for to get more bang? This is where we sit right now.

Yes, the remaining holes minus the pure geo holes will jack up the price but those are probably known to Teck already even if they just take a guess.

I want to hear from them how they see this concluding. We should get an update saying what the plan for the year is but I really just want to start hearing how they see the deal being done. They probably have 3 scenarios in mind. I'd like to know which one they think is most likely and then see it reflected in the years plan.

Assays could come Friday again just because that's when they will be availibly and Elmer wont be able to delay till Monday because of the rules. Yes, we'd prefer them Monday but so be it.

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