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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: Questions that need answers
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Apr 01, 2012 03:41PM
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Webgogs, I've seen you and a few others mentioning spinco or deals with shares and spinco, buy-out with remainder as spinco, 2-3 spinco/contracts, etc. After trying to find out how these scenarios would play out for us as individual cuu shareholders, I haven't been able to get more than basic information about spinco's in general. When you (or anyone else who can elaborate) have the time, would you mind explaining how this might work out for us in more detail...if there's not a simple buy-out ? Thanks in advance.

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Apr 02, 2012 11:45AM
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