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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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No, it was not very current. The presentation was from September and still included the -$0.04/lb estimate from BMO. The website also said that the environmental assessment would be submitted in 2012. From the conference call, we know that they didn't even start working on it until late November.

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