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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: Improvement Opportunities
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Feb 11, 2013 11:42PM
I agree. Dates are put in these agreements for good reason. It doesn't say late summer or around valentines - it says 120 days! Also, the agreement states that the feasibility needs to show at least a NPV of $1 to be bankable. Does that mean our 25% would only be worth 25cents in that scenario? No.....which is why the NPV doesn't matter a rats ass, as has been discussed, this will be evaluated other ways to get at the real value.
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