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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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"Teck also will not pay a full premium on anything that has not been proven, it doesnt work like that. "

I don't buy that. If TECK sees CUU as a startegic asset for the long term they may very well follow the Goldcorp's example (Andean Resources buyout) and buyout CUU for full premuium to ensure they have the resource in the pipeline. Lets not forget, Shaft Creek will eventually be a low-cost production mine with the NTL in place. All the current work that has been done on Shaft Creek suggests, at least to me, that there is a very high probability for significant coninue expansion of the resources (copper, gold, silver, moly) - they are talking about a district - right? Based on the Titan etc (OK I get lost in these tech stuff) it seems to me that there is strong potential for exapnding the existing estimates and more to the point, the potential for discovery of new zones; or am I off the rocker here?

What I am trying to suggests is that a major will pay for a future potential if there is strong case for it. Andean Resources proved that a major will buy potential. Why would Goldcorp have payed $3.6 billion for 2.1 million oz of gold and some $20 million oz of silver IF there was no further potential for expansion?

"Not trying to be negative about things fellas, but we are not a flawless, infalliable company."

Does anyone on this BB thinks otherwise? So what's your point?

"CUU has massive dilution as well, and dont forget that Schaft Creek also lies on the Tahltan Nations lands".

With such a huge insider control the dillution seems a moot point, at least to me. Ah, now we hear about the FNs. CUU has one of the best FN programs of any junior mining company in BC. However, this is a non issue since CUU will not be the miner.


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