Delivery of BFS to Teck

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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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Liddy77

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Delivery of BFS to Teck

posted on Dec 28, 2012 07:00PM

"CUU Mgmt never catered to the retail investor. Why not deliver the BFS ASAP?"

Golf, I don't believe your question above got an answer. Well, I asked Lynn at CUU why we did not deliver the BFS to Teck since its completed and was told that there's still work to be done on it. The BFS is 5000+ pages and it has to be condensed to 400 pages (with 25 sections) to be submitted to SEDAR. Given the holidays, its taking more time to complete. As soon as the condensed 400 page version is completed, signed off and filed, Teck will be delivered the BFS and a NR will follow. Expected timeframe Teck would receive BFS is mid-January, 2013.

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