NPV this In Situ that....

Quellaveco didn't even have a Feasibility study completed...

Fact is we still had various Japanese mining giants fighting over 18% of a Inferior Peruvian dry deposit.

We all know we will get over $4 just based on that because, follow me:

18% of Quellaveco = 890 milliom THEN 25% of Quellaveco = 1.236 Billion

But Quellaveco is not a Schaft Creek....

If 25% if Quellaveco = 1.236 Billion Then 25% of Schaft Creek = ??????

If you can put a price to the below advantages and add that to 1.236 Billion....then you will have an idea what we will go for. And don't forget that the Schaft Creek bidding war could be way more agressive than the one Quellaveco had.

* We are in Canada

* No environmental issues

* Bigger resource and higher grades

* Copper + 4 by products

* Teck financing

* Teck expenditures(320 million)

* We could mine higher grade for a much longer time period

* Liard shares

* NSR

* Mess Creek is 100% owned (teck needs that road)

* Teck CUU agreement : 4 year clause, CUU as opertaor

* Extra land and potential, we already proved a new zone...