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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: Lower Expectations

We have been trying to sell this property and maybe a little lazy about it as we know it is a good property ( boardwalk ). Teck on the other hand has lots of money and some good property one of them Galor ( park place ). Tech with all it's money has now found out it can't build houses (mine ) on this property without owning both and their pouting. We know this and want as much as we can.

We offer it last year Teck says to much. ( Don Says 3 or 4 insiders want 70% 80% )

We then get off our assets and get BFS done ( We were being lacks on this figuring it wasn't needed )

We now have picked up the railway ( shipping at Stuart ) and electic power ( NTL )

We offer all these properties and up the price a little.

Tech cries again yesterday ( 3 or 4 insiders want 70% 80% ) and we won't have enough money left to build houses ( mine ).

We take next step and try to get EA done ( this EA gives us the ability to build without owning both properties ).

I say to Teck suck it up you will be able to build houses if you morgage or sell some of your other properties.

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