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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: PDAC March 3 - my notes

If I count backwards from the values of the extras by your estimation I would arrive at a value per pound that is unheard of. You pretty much have to say that Teck was buying just what was covered in the FS to get 4 cents a pound (in Canada). The rest of the deposit includng the waste and the lands are all free. We've been down this road before. At what point do we say we will not give away the metal? Copper in Peru goes for 6 cents a pound in the high altitude desert where water is a really big problem. Perhap you'd like us to pay Teck to take the rest of the stuff off our hands?

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