Ok let's get this straight.

Shaft Creek is an Asset and will be sold as one.

A Global Giant called Anglo American had 100% (now 81.9%) of an Asset called Quellaveco and they sold 18% of it for 900 million. This was not based on share price or Feasibility results, they don't even have a feasibility.

http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=145579&sn=Detail&pid=102055

So what do they have, yes a resource estimate : 823 Mt @ 0.44Cu (3.68 billion pounds of copper) and 183 Mt Inferred at 0.45 (828 Mil pounds)

A capex of 3 Billion (in 2010) with no real feasibility to back those numbers up. What are the real numbers and what woul dthey be today in 2013.

Yet 18% of this Asset was part of a bidding war:

''Japan's largest trading house outbid JX Nippon Mining and Metals Corp, the parent of Japan's biggest copper smelter Pan Pacific Copper, Mitsui & Co and one other Japanese trading company, an industry source said.''

Oh and they're in Peru...

So what do we have on 50% of the Paramount and 50% of the Liard zone (2% of the Land):

Measure and Indicated: 7.1 Billion pounds Copper, 7.3 Million ounces of Gold, 66.7 Million ounces of Silver, 455.3 Million pounds of Moly.

Inferred: 2.9 Billion pounds of Copper, 3.3 Million ounces of Gold, 31.6 Million ounces of silver, 206.2 million oiunds of Moly.

+

We're in Canada, Teck agreement (financing and 340 million expenditure), Liard shares, Discovery zone & more, Port and Power.

So what's Teck really paying for 75% of all this....when you have others fighting over and paying 900 million for 18% of Quellaveco....

The question is, is Teck buying CUU's 25% or not. If Teck's offer isn't good enough for EE then just to bad, I guarantee you we'll have a ''WAR'' for our 25% and get alot more money.

Elmer said many have demonstrfated interest but they're all waiting for Teck.

I want Japan, China, India, Korea to fight over 25% of Schaft Creek.

At the same time do we really expect Teck to just finance someone else and put in 340 million including enhancements (metallurgical tests and upgrading Inferred) making the other party (who owns's 25%) that much more valuable....all this while our permits come in....no way.

CUU's not your typical junior in the Teck basket, and doesn't have your typical agreement.