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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: Good Golly - No Moly!

I think Elmer has re-thought our position a little. First, either Teck has made some sort of frugal initial overture, or it hasn't made any overture at all, despite access to the developing BFS info. And then along came the recent drill results and -Good Golly - No Moly! a new source of mineralization in what might be a large area deposit aided by Elmer's knowledge of the almost completed MIRA. Remember, we haven't seen any of the spring aerial survey which was supposed to cover most of the entire property. Time to find how far this may extend, so let's get drilling to freeze-up. I think part of this is aimed at attracting multiple bids since it's obvious that Teck is taking their time. And that includes not starting the 120 day clock until after the BFS is filed with SEDAR, which Elmer told me would be the way he would interpret the condition if he were Teck. I don't know how much control we have over getting Tetra to file the report in a timely manner. So let's turn up the heat and try to bring things to a rolling boil as soon as possible.

However, the summary BFS news release plus MIRA mapping should be all the Biggies need to start sniffing around and I'm betting the share buyers will be there with that news, so anyone that wants to sell their shares for a profit (Insert low final share price anticipators here) will have their chance to get out early with a smile.

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