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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: Updated Letter to Shareholders - June 2012

"4 holes in each is all it takes matched up with the data they have and or will have collected."

I guess my impatience is showing through, Vette. Lol. Was really hoping they'd do a few holes in Mike, ES and GK in 2011 and was disappointed/surprised we didn't get to any of it last year. The proximity of Discovery combined with the 422 results makes a lot of sense as the first place to start ... Mike seems like an obvious second target due to location.
I still don't understand why we haven't gone for a 30+ hole campaign in 2012 to really blow this thing up, but I'm comfortable assuming that our present strategy has been discussed thoroughly by management/directors and they have their reasons for the limited drilling campaign. There's no way they aren't trying to maximize this play for themselves with all the shares/options available to them still - a very prosperous financial future is in reach for all of them, not just Ernesto.
For now, bring the BFS and let the negotiations/Teck clock begin (if negotations haven't started yet).
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