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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: Common sense

First, nice post Vette

Secondly, correct me if I'm wrong here, however I spoke to Elmer this week and asked about the 12%. He said we did even bother to do the FS at 12%. I had alot of questions for him to which he said we couldn't talk about because they are in discussions with Teck. Am I wrong here in misunderstanding what he said or did the FS specifically say we were not positive at 12%??

I read the FS NR but haven't read the SEDAR file.

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

Thanks for in advance for any clarification.

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