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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: Conference Call
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Jul 17, 2013 02:53PM

I for one find it difficult to find much good in all this. It appears we are 100% at Teck's mercy.They will drill and make a decision based on economics while we wait. This could take 2 or 3 years. In the meantime this is dead money. I just don't see anything happening soon. It could be a step in the right direction. I am probably wrong but in my mind we would have been better off going to the wall with the old agreement.

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Jul 17, 2013 04:11PM
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