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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: Its a no lose situation for Teck

I do agree with you that we currently don't have a schedule of how long it'll take Teck to bring SC into production.

But to say Teck can walk away with a loss of 23 million if they "don't" like the 2013 drilling. Let me ask you. Teck CAN walk away with if they "don't" like the numbers in general. You think that the 2013 drilling will make Teck not like SC? Teck is interested in SC's 10.6 million oz gold, 98.3 million oz silver, 10 billion lbs copper, 700 million lbs molybdenum, Measured, Indicated & Inferred (literally copy and pasted from above).

Teck's drilling is only to improve the likable economics of SC. The bulk of the interested value is in the RE that we have already.

And if Teck were to spend $360 million, it would have to be in exploration, how long would that take? $30 million a month? 10 months?

But it would be nice for someone to ask Elmer tomorrow what Teck's plan is to get SC into production.

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