* They're already currently drilling all the zones...proving a District.
* We could get those assays pretty soon as I hear the labs are not busy.
* The precision geo survey must be in hand, and they admit that the Mike zone extends 1500m...(Does Elmer want Feasibility out before he starts showing the extra potential....)
* I'm told that Mira is an amazing comoany and works magic...they must have received the 2010-2011-2012 data.....can't wait to see the final District map.
* Feasibility has to be very very close, I was told Mid-Late summer was a very conservative time frame..tomorrow July 9th already.
* We have 7.1 Billion pounds of copper, suppose it cost $0 (net of other metal credits paying for cost) and we use copper at $2.50
7.1 Billion x $2.50 = $17.75 Billion
Suppose Teck takes 75%, we are left with = 4.4375 Billion
4.4375 / 400 million shares = $11/ share
Using Copper at current price $3.40, we are left with 6 Billion..(Teck just raised 6 Billion) , giving us $15/share
Note this is just for Schaft Creek (only 50% drilled)....Does not include:
* Teck financing and 400% expenditures
* Liard shares and control
* New land and other zones (Mike, GK, ES, Discovery zone...and the others they probably discovered recently)