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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: The good with the bad - Credit Suisse Cuts 2012 Copper Prices

http://in.reuters.com/article/2012/07/11/commodities-creditsuisse-idINDEE86A08720120711

It also cut its 2012 copper price forecast to $7,747/MT from $8,980/MT and aluminium price forecast to $2,024/MT from $2,395/MT earlier.

"We now think copper will experience a much milder price cycle ahead than we had envisaged under more positive global economic expectations," it added.

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