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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: Talked to Jason today.

Well, our conversation was quick and easy. I asked about the timing of the BFS. "Well I haven't seen it yet." " It apprently is on time." So when you recieve it it gets relaeased, "no it will have to go to Teck, CUU, Lawyers, Provincial regulators? and then a NR will be released. " Ok the minus 5 cents that BMO came up with were did they get there info? "From CUU." I am confused with why we are going to Arizona, "we are explorers not mine builders. Let them due what they do best." So why not stay and drill the surrounding lands. pause "Arizona has good numbers and Copper Fox is trying it increase value in the company." Where is the Mira it is only about 8 weeks late. "Should be out soon and I am not expecting it to reveal anything mind blowing."

I don't know what is going on but I hope we don't get another NR stating that because of a computer glitch the BFS was lost and it will be mid to late Q2. However, it being very quiet could be for a reason.

Cheers

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