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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: Re: Indirect Holding is the key
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Mar 23, 2012 04:53PM

So there it is, it likely exists but we are not covered by the contract until we release the Feasibility and so we can't see it. Personally, I don't think it is that important because I think that they don't need any external pressure to put the mine into production after they decide to earn back their shares.

So if it likely exists how come its gospel around here?

Has anyone on this board ever read this contract?

I agree with you fully.....I think the FS is going to come out and then this company is gone so the contract really wont even come into play.

All in all thank you very much, your DD is always appreciated.

Rogue,


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Mar 24, 2012 11:28PM
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