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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: News
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Jun 05, 2013 10:46PM

Wow, that was a really compelling comeback.

Here are facts. The NR says that there is a "back in option held by Teck"and that there is "a 30% carried Net Proceeds Interest held by Laird." That what CUU said today (in the present tense) but if the February 4th submittal was a Positive Bankable Feasibily Study, CUU would already have earned the Laird Shares and, because the 120 days have passed (evidently), Teck's back in would have expired. It's pretty much all there in the NR. Ignore it if you like.

As to the other point, my first post in this series refered to the ongoing discussions. I only brought it up again because others seemed intent on distorting what I said.

Regards,

Volpino


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