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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: EA Expenses
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Feb 23, 2013 10:33AM

Mahzman2, I agree we will get a very decent payout. TECH and CIC have been looking at a joint venture for awhile. Don said so in a BNN interview a couple years ago when he was asked this very question. His reply was we have not found the right project yet. If a mining district in TECK backyard is not the right project then what is. I'm still in the camp for a +$5 takeout. We have to remember the takeout will be based on fair value of the district not share price.

glta to all.

analytical

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