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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: News - Corporate Restructuring

I'm kind of sorry Cam is leaving because I thought he was going to spearhead the sale of our percentage of SC. It doesn't make sense though to have them on a Management team. Either it is already sold (which I doubt) or they know it is a matter of waiting for Teck to find the buyer or at least pull together the better results.

There has to be more coming, as I said yesterday. They need to be able to go to market to get more money and they can't do that with Copper Fox anymore--or at least it doesn't make sense to do it that way. So I don't see how they can do this any other way besides give us shares in Desert Fox, and let Copper Fox go dormant until we have results from Teck. Of course, they always seem to come up with some surprises.

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