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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: Commodities Direction - Short and Long Term
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"Capex per tonne is increasing.....yet CUU is saynig it will go down or stay the same as in 2008."

My undersatnding from CUU management (based on my discussion with them in Vancouver) is that the Capex will be higher than the 2008 estimate, mainly due to cost of steel.

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