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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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I like the conservatism in this valuation as it leads to only better numbers with more centralist/liberal numbers (which I believe would be used). However, even with the conservatism - is the actual agreement with TECK not worth something in and of it self?

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