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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: Valuation

Basically it's what I expected since 2 years ago. The stats for discovery, the fault systems, the grades, the depths, a lot of historical info all suggest this is reasonable. I did complete calculations based off best info and extroplotaed what the QE's would do. Yes, this estimate does need more proof. We were slower than expected and hit with the FS fiasco. So over time all of this should play out.

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