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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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Nothing to ridicule there. That is exactly what I am hoping for. I can't imagine Teck paying more than 1.5-2 billion for Schaft Creek plus some of the 2km area unless the NPV discounted at 8% in the BFS suggests that approx. 25% of the deposit is worth 1.5-2 billion. So somewhere in the neighborhood of $4 a share for part of the property seems reasonable.

Imagine exploring the rest of the growing land claims with $150-200 million cash in the bank? $40-50mm a year exploration budget? maybe 6-7 drills?

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