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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 EQ method
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Gold Silver Copper Moly in that order

Percentage of Total Metal Value 32.02% 3.69% 46.81% 17.49%

7 billion pounds copper @2.55 17,850B

53.2% Credits x 17,850 9.49 = about 27B

6.7B for our share = 16 a share

Add a buck after correcting for the market because that is a fixed cost.

Compare that to the NPV method and there's a monster difference. We'd be better off selling our portion privately.

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