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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: Elmer's One Shot Perfect Opportunity

I hope this turns out that Elmer relied, correctly, on some input that you would have to think may have originated from Teck

I don't think so. Elmer told me that he'd never spoken to the person at Teck, about business that is, who would be in charge of the acquisition or earn-back decision. He has also told me that he does not know what Teck will decide.

I cannot believe that we would reduce the value of the project by not drilling, simply because Teck asked us to--especially without their committment to the future. I just don't think this is a plausible scenario.

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