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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: The 50% Rule
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My thoughts exactly! Correct me if I'm wrong, but wouldn't Teck simply backing in and the requirement to now invest 4X mean that a back-in adds $360 Mil to our Shaft Creek investment? Wouldn't this injection of investment alone shoot us up almost a $1/share to $2 and we'd still own our 25% Control....Again, correct me if this logic is flawed, but $2....really?

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