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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: PP
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Jul 23, 2012 01:13PM

They are doing out of fairness for EE? It should be done later when the land is sold if we are really greedy. There are emails going around suggesting they should wait. The problem is we can't wait. Elmer and the gang are examining the data and have determined that we can get at it without the problem of depth. I'm sure they will get the local news and talk to the right people because they have been made aware of the local politics. The will probably source BHP as a buyer too. We would not want to build up a fantastic ore body and not have a buyer or run into enviro concerns etc.

I read everything I could get my hands on. There's reason to believe this just needs money thrown at it. We also have to do it before the other guys go under. That's why it's so cheap. Those guys didn't survive the liquidity crunch. As a wrote before, many more will go under.

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