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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: Teck takes all

Teck could then say ''we'll in that case just give me Schaft Creek and keep the rest'' = CUU wins or Teck could say''Ok here's the offer for everything'' = CUU also wins.

False Dilemna: http://yourlogicalfallacyis.com/black-or-white

Teck can also say, since it's not proven we'll only pay 50%, or 75% or 25% or perhaps they'll try to do another option agreement. There's a lot of ways it can play out, and while I do agree that most of them are advantageous to CUU - some are definitely better than others. It also plays into how much CUU wants to "exit" - as in, do they want to exit BC entirely, or just SC or as a company. This point isn't exactly clear. Perhaps they offer a low (lower than 100% value) percentage of what the non-proven lands are worth, and we just take it because we want to exit entirely (if we do that is).

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