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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: Major development projects in B.C.
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Status: Proposed Start: 2013. Finish: 2016

Did anyone notice in the Article that the proposed start date is 2013 and finish date of 2016? That's only 3 years assuming they start in January 2013 and end Dec. 31, 2016. So, maybe:

1. Teck is not planning on doing 100% buyout because they are trying to fit in the 4 year clause window. OR,

2. They will buy 100% with plans on completing project by 2016 to start production and generating ROI.

In either scenario, it looks like Teck will be making decision SOON in order to begin project as soon as possible in 2013. IMHO.

Any thoughts?

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