Re cbew:

I agree with cbew that our insider ownership with one single owner calling the shots is a major deterent to institutional investors. (I have detailed this and other reasons in past posts)

Furthermore, the note in the last NR regarding possible drilling in September outlines why there isn't an offer from Teck, or at least not an acceptable one yet. Elmer has thrown out a warning that he is prepared to drill for a minimum 2 more months in 2012 to show how big CUU's mineral claims are outside of SC and the BFS. The bank of EE will keep dishing out cash to force Teck's hand on a handsome deal.

Also the notes regarding a discovery of "a separate mineralizing event" apart from Schaft Creek is key in communicating that CUU's Copper District is just that -a District-

If there really is a District then there are two options:

1. Work towards a buyout of the entire District (largely unproven) with a big payout. (LESS LIKELY)

2. Sell SC at a decent price, renegotiate all forward looking agreements, and CUU continues to drill the remainder of this District. From my discussions with Elmer, he clearly loves the "exploration" side of the mining business... like a kid digging for dinosaur bones. If his hunch is correct that there is at least another system within the claims boundary, he would like to prove this up... (of course depending on how much cash is available once a buyout of SC occurs).

Previously, I have thought that the BFS will not be released to the public because a bidding war would ensue. But in this current economic climate and lack of support for the commodities market, I see Teck dithering around with CUU to get a better deal. The BFS will be released to the public, our share price will correct upwards. Teck will then go back to the negotiating table and work our a deal for SC and CUU 2.0 goes drilling with a new agreement. JMHO

Thoughts?