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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: Phase 1 / Phase 2 drilling programs
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I don't think it was mentioned in the call conference with Elmer on the topic of what they will do with the $20 million?

So far, we have purchased the Arizona properties for so many months and we recently just got a big wad of cash, I'm pretty surprised that Management isn't doing anything with the "new sandbox" yet.

It seems more likely that the $20 million is for CUU to last through till the drill results comes in or enough time for the markets to improve. I believe the next news release would show an idea on whats going on.

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