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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: Level 2 @ open- Who thinks the clock will start ticking Monday?
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Re: Level 2 @ open- Who thinks the clock will start ticking Monday?
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Pat66
Jan 31, 2013 09:48AM

I think it is best to assume the worst when it comes to timelines with CUU. The feasibility should be out by 45 days but it wouldn't surprise me if CUU managed to do some sort work around in respect to this. At the same time, it could come out today or tomorrow and I suppose Monday.

So does that mean that Teck's clock will start ticking? I think it is probable that it could be some time afterwards for CUU to write up a NR and actually deliver the feasibility and request for Liard shares. As well, I think it is important to prepare for the full 120 days afterwards. There is no use trying to speculate beforehand as managements track record speaks for itself.

16 Recommendations
Re: Level 2 @ open- Who thinks the clock will start ticking Monday?

koala
Jan 31, 2013 10:02AM
Re: Level 2 @ open- Who thinks the clock will start ticking Monday?
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Nav2006
Jan 31, 2013 10:30AM
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