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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: Teck Tax Consideration

"..How much capital gain would they have? How do they establish a FMV?"

One source of reference is the amount per share CUU paid for the small percentage of Liard shares some time ago. They paid (very roughly) $10 cash and another $10 in CUU shares, assuming CUU share is worth $1 a share for a total price of $20 per share.

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