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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 buy out / back in pool

Why so miserable? GSP won didn't he?

Been wondering about this one for a while. Anyone else think there's a deal for a Teck back in for 75%, no Liard shares transferred, reasonably time limit to mine completion funded by Teck ageed to by both parties, and a simliar 75/25% JV or such percentage as can be agreed upon for the remaining lands as an earn out for CUU if successful. Some sort of reasonable NPV return placed on the new and separate JV because it will take a couple of years to prove up. Gives Teck and us a fair chance at a reasonable value for as yet unproven lands. I'm assuming Ernesto wants compensation that Teck can accept as reasonable right now until further drilling and a RE on the Discovery et al lands. But Teck doesn't want any others involved except its partner of choice. CUU 2 is ours to move forward with in the new holding company. I'm trying to reason why there might be a massive drill program this summer, why we might be involved and why everyone was so darn happy at the Show.

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