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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: Rainy River Resources taken over by NGD

Just looking into Rainy River lightly.

Their FS shows NPV after tax at 5% yes 5% of $931M.

CUU SC at 8% is $531M (guessing from the top of my head). At 5, SC is at $2.6 billion

Rainy River was bought out at a third of their "NPV" value. Actually it's a fifth if you take their cash in consideration. Take that with a grain of salt.

Either way, it's two very different animal. Rainy has 4 million oz of gold and 10 million oz of silver.

SC has 7 million oz of gold and 66 million oz of silver.

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