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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: My Prediction

Jul 12, 2012 09:34PM
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Jul 12, 2012 10:14PM

Although my number is a little higher, I will take your conservative estimate anyday Vette. When I look at some of the really low numbers on this board ( $2-3 range ) I don't think some understand what a valuable deposit we have here. I have scrutinized the numbers in my head countless times and I come up with nothing less than $7/sh for the whole district.

As far as Teck just buying SC and surrounding areas - I don't see that happening for numerous reasons. All the staking Teck has done, the filing of their short form prospectus, delays in FS, aeromags and mira ( which is very overdue now ). All these clues point toward one outcome - buyout of the entire area.

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