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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: Common sense
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Feb 15, 2013 12:54PM
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Feb 15, 2013 02:18PM

Finally, Elmer is surprised at how many people have overlooked the fact that we are in discussions with Teck.

(So about that quiet period...it doesn't seem to be universal.)

We aren't sure what they mean by discussions. Elmer hasn't made it clear whether the feasibility has been accepted by Teck yet. We don't know if there is any possibility at all that we might have them ask us to go back and make it better this summer drilling season. We haven't received the Liard shares. We can't understand what value has been proven.

We don't seem to have made the progress that we expected upon release of the Feasibility. All their recent News Releases have so many cautionary clauses that they even questioned whether the NTL was going to be built in the last one!

Instead of the feasibility getting us a secure notch closer to our goal, it seems to have opened up to doubt everything we formerly believed.

I guess that's why we aren't excited about discussions with Teck.

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