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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

Your logic looks good but it's a very simple way of looking at it. It ignores capex and operating costs.

One thing to note is that you compared our Resources with their Reserves. This is comparing apples to oranges.

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