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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: Springing

I would think a number of factors are at play regarding the 2012 drill plan

First, is the funding that will be required

Obviously a PP would be needed and I am not anxious for that to be done at these prices

The closest event that should drive share prices is the updated RE

So I doubt that a plan will be announced before the RE and the hoped for kick in SP that may entail

No doubt the status of the Teck negotiations and Ernestos ability to buy now and his concern for the "visuals" are all in the mix

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