Everyone is out of blackout on Monday morning. Elmer will personally be in office till noon. After being blacked out for almost a year, I believe all those saved pay checks will get some action imo.

So right now we wait to see what Teck wants to do. Elmer believes that if they accept, it will be for 100%. But, the price has to be fair.

When the BFS first came out Friday and some of the nervous nellies began to post,……wow……Thank God we went into the weekend to learn more. Our Capex is lower than other projects. Sure there was a increase in operating costs, but that’s specifically to the mining industry at large. Some other key points that make our project first class:

- we have a very conservative mine plan

- expansion has already been built in this and we’ve incurred the capital costs how to do that.

- tremendous upside and potential to increase the size of the resource in Shaft Creek and certainly in the “District”

- the 171 m. tonnes of Inferred resources in the pit can be upgraded to Indicated and then instead of being an expense that generates revenue, that would be probably about 800m pounds of recoverable copper alone. At $3.25, do the math, you get 2.5 billion in copper value not including Gold, Silver or Moly.

- we should be able to increase the throughput.

- we could shorten the development period of time which would help significantly on the end value of the project.

- we have no problems with the outlet because we already have a port in place to ship our concentrate.

- we are #3 on the powerline

- we are in a geo-political stable area

- we have a great relationship with the Tahltans

Many of us retail investors don’t know how the copper business works. All the points I just listed are of importance to Teck or any other company looking to buy a project. Our main audience right now is Teck and those other major companies, not those emotional average retail investors who will dictate the share price because the numbers were not to their liking. The SMART MONEY will buy up those shares because they understand how this business works. We have a very attractive project here guys.

This project will make about 7.5 billion cash after you de-risk the project and get your money back.. Just think when the price of Copper, Gold, Silver and Moly eventually go up what more profit they’ll make???

Another key point is that some really don’t understand how important the Liard shares are. They are very valuable to Teck. Sometime, at the beginning of January or so, CUU will give the BFS to Teck along with a letter of request for transferring the Liard shares to us.

Teck has spent a lot of time looking at the project and they are very serious about it.