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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: Valuation
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Dec 28, 2012 05:28AM

Stop scratching your head. These are the only numbers that matter.

Using the base case and the RE insitu is unbeliveable.

10.6 million oz gold, 1,445.00

98.3 million oz silver, 27.74

10 billion lbs copper, 3.25

700 million lbs molybdenum, 14.64

Insitu value is a mere $60,878,992,969 or $140.60/sh fully diluted.

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Dec 28, 2012 07:56AM
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