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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: Re: Teck's 2 Options: 1. Buyout at 100% 2. JV

I am sorry, I don't buy it, Stifel, a firm voted as one of the BEST investment firms in dealing with junior miners bought all the way up to 2.75 for a .25 or .50 return? You don't think they had heavy discussions with management prior to this investment? We are talking about millions invested! I already have written about reputation and its importance in the mining industry, do you think Elmer would have risked that with Stifel? You don't think Stifel wouldn't blackball management or crap on their reps should they move onto other projects? NO way Elmer risks that, no way! there is something else that will be added to justify Stifel's investment! IMHO!

I will hold till I find out what!

GLTA

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