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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: For those of you fixated on the SP....

We are two weeks from the once thought of as a contractual "drop dead date" of June 4, 120 days from the PFS release, and now thought of by cuu management as a mere "time line date" for Teck to make their back-in decision and the volume sure is pathetic - so far. At least the sp is inching up ever so slightly! This investment has been a real test of one's patience to put it mildly; it feels more like a slow torture at times. Still holding and hoping for better, or much better days to come! Looks like soon Art has to replace the old heater with an air conditioner in the dog house!

I wish management looks at contractual terms with more vigor and more rigidly than what we are lead to believe as "flexible". It seems to me that even when they intend to throw Teck some slack with the contractual deadline dates, there is no need to broadcast or let the other party know ahead of time. When one important contract term becomes flexible, the rest of the contract terms becomes less meaningful. Of course JMHO and GLTA!

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