"The buyout may not be over 3 bucks, but we will be offered a carrot on future exploration in the district.''

We must all remember the recent deal between Mitsubishi and Quellaveco.

http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=145579&sn=Detail&pid=102055

$890 million for 18%..... Same deal for CUU = $3.13

BUT...

* It's in Peru...

* Quellaveco only has 3.68 Billion pounds copper + 828 million inferred @ 0.44

* Far from havnig a Feasibility complete....$3 Billion in cost+

* Huge water issues : http://www.cdca.it/IMG/pdf/quellavecostudy_1_.pdf

CUU has many premiums:

* Much cleaner project

* Bigger resource

* Gold, Silver, Rhenium

* Canada

* No environmental issues

* Teck financing

* Teck expenditures

* Liard shares

* NSR

* Stewart Port

* Mess Creek (strategic road access)

* Control over agreement : Voting shares, 4 year clause, etc

* Huge potential (depth, multiple deposits, other 1/2 of Paramount and Liard zone)

* Negative cost production

* New resource Estimate coming

* Final Feasibility stage