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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: Johnnycakes became toast because

Jul 27, 2013 10:06AM
Qb2
5
Jul 27, 2013 05:25PM

Hi, CG:

Thanks for your post. I agree with you -- this isn't the end. I think there is more news to come. Perhaps from South Korea, India or Japan. If we are good enough for Teck to back in, then we are good enough for someone else to buy out our 25%. The biggest thing I got from the Teck JV is an affirmation of our worth. Why would they bother if there wasn't some very strong potential of becoming a productive, viable mine?

I think it's time to go through the CUU roledex and call back all those majors who were "waiting to see what Teck is gonna do." Maybe they already have. Time will tell.

SF

4
Jul 29, 2013 10:40AM
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