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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: Web Site
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Sep 11, 2013 03:48PM

Hi cbew, I appreciate your comments. If you are right I will be very happy.. If I am right I won't be disappointed.

I based my prediction on some rough notes of our past drilling. It worked out to 27-28 m/day. maybe we don't have the ideal conditions that would allow 40 m/day. Who knows and, frankly, it doesn't matter that much. If my numbers are right and they hit high grade, they could still drill another 4 holes..only time will tell.

The really important part is, that they hit some good targets and increase our value. if they don't, it will be a long wait with no possibility of disposing of a large holding, in a reasonable way.

If the drilling is sucessful I have a sneaking suspicion we will have a deal in the near term, and if not, it won't be fun and could take a long time.....best to all......chunky

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