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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: New reading for the weekend

They are strickly exploration.

Exactly

But the article makes the point of preserving the value of the JV for sale to a 3rd party

I think our agreement is structured well to capitalize on the junior position of most of the points the author raised

Should be substantial; pressure on Teck to get us out of the picture as we currently have a lot of saleable clout going forward

I do worry about our team giving levarage away to be good guys though


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