Follow the monkey....as I understand it...

Teck currently has a 78% Interest in Liard Copper mines Ltd., a privately held company which was created back in the 60's to consolidate Schaft Creek mineral tenures.

Liard owns a 30% carried Net Profits Interest royalty in Schaft Creek mineral tenures

Teck's interest will be transferred to CUU upon delivery of the notice of Positive BFS.

Upon transfer, CUU with own ~80% of Liard...which entitles CUU shareholders to 24% of NPI of Schaft Creek. (80% of 30%)

Royalty payments from these shares based upon BFS cash flow projections in the first 5 years equate to ~$120 million per year (~500 million x 24%)

Should Teck back in for 75% our Royalty is reduced proportionately down to $30 million or ~ .075/share with Teck taking the remaining $90 million annually.

So if we take a free ride to production (no buy-out), at today's market price our dividend from this royalty ALONE represents a 9.4% return. (.075/.80)

That dividend could still very well be there for your GREAT GRAND KIDS!

DC 14

Note: Intention is to show undervaluation of current CUU share price based on Liard alone....most here understand Teck will not allow us to stick around to collect any NPI.