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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: Mining share valuation

So if Mitsubishi payed 900 million for 18% of about 14 billion pounds of copper (P&P and inferred) their share is about 2.52 B lbs Mitsubishi is paying about 10% of the metal value at 3.50 Cu.

Using the same valuation for CUU one can expect at least 1B for CUU's 25% based on the M&I&I CuEq resource established plus all the extras.

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