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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: PDAC March 3 - my notes-Manti
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Mar 03, 2013 09:25PM

1) I confirm here too that Mike told me we will know well ahead of the 120-day dead line.

Thanks for this. It is useless of Mike to say this though while he also is refusing to tell us if the 120 days has started, when they started and when that deadline actually will be. In fact, I find it insulting.

2) Mike said we'll have the biggest ever drill program this year in Schaft Creek.

Why would they have a major drill program this year, and they couldn't last year? I know they said it was because it would force them to stop the feasibility to incorporate the results, but I don't think that makes sense--why not just publish the results and explain the implication? Elmer told me they would drill the hell out of it if Teck walked. Nobody said they were going drilling this year otherwise.

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