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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: Liard and Option money
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Dec 23, 2012 03:09PM
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Dec 23, 2012 04:47PM
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Dec 23, 2012 04:55PM

They have FRoR. We have to wait for their offer first. They could let us assign it if the wanted but that requires a good deal for them out of it.

There's supposed to be support lined up. They should wait until they see a bottom then buy. I know a few people who think the same way. Since there's no support at 99 cents this board will be the main driver of the sp and if selling occurs it will get the help of the 4 horsemen.

I would expect a huge salvo to be fired at us. They should try dump 5 million shares or enough to trigger a landslide. I estimate they have 3-5 million shares. There should also be a massive short in the morning to go with it. It could be very hard for us to take advantage of this and risky. I have not been able to dig up support numbers. The BO is still in effect.

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Dec 23, 2012 05:08PM
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Dec 23, 2012 05:18PM
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