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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: 2012 summer drilling
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Mar 05, 2013 09:07AM
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Mar 05, 2013 09:21AM
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Mar 05, 2013 09:44AM

Ok, but .....now I don`t know if im thinking about this whole thing right....but.

Lets say Elmer drilled anywhere on our property.

Teck say we`ll take the whole thing !!

Would not the new drill reports have to be included in the FS, after all....CUU is proving up whats in the ground and would have a bearing on the FS...NO?

THe way I look at it now. Teck has to do something, unless they do not except the PFS as bankable. then back to the drawing board.

With Teck on the clock, we now can unlock the value of our stuff. Now lets say Teck takes out 100%. Im thinking that unless it is a great buyout number....Elmer is going to refuse our portion price and drill this summer to show what we are worth....and Teck can`t say nothing becuase now Teck is commited to us.

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Mar 05, 2013 10:28AM
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Mar 05, 2013 10:45AM
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Mar 05, 2013 06:14PM
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Mar 05, 2013 06:26PM
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