Yes, I understand that it speaks to Copper grades and that our economics are driven by the net products. So since we do have these net products you need to include that in the overall grade of the deposit. The Copper grades in the Paramount West ranged from .40-.70%. So it is not a low-grade deposit and I would respectfully disagree with you T2T. I think you would be correct if we only had copper as an asset. The Copper equivalent ranges from .60-1.20%. Either way the point is Copper Fox has four payable metals and since this is classified as Copper deposit because it holds the greatest monetary value out of the four metals we use "Copper equivalent". I value the equivalent grades more accurate and deem these numbers more relevant because I am accounting for total grade of the cores from all metals. You have to take into account all the value not just the copper grades because we have silver, gold, moly too. We have four payable metals which is unique and not all companies have. Equivalent meaning equal to, demonstrates the full value of SC representing the grade of all metals rather just copper. So as a "Copper deposit" accounting for all metal values we have a grading of .60-1.20%. Others please add your thoughts to this debate.

The point of the article aside to show SC is not a low grade deposit looks beyond the grades of a deposit when assessing the value and profitability of a deposit. Essentially, we have a world class deposit with average to high grade ore that is extremely profitable when you take into account future developments such as revising the BFS and 2013 drill assays that will support this notion of a high-grade deposit.

Quotes I want many to read from the article I posted:

"The total size of the reserve often trumps grade and refining costs"

"Historically, the most profitable mines have been large scale porphyry deposits, with chalcopyrite mineralization extracted via open-pit mining"

"Porphyry copper deposits are the largest source of ore, supplying nearly 60 percent of the world’s copper. Porphyry ore bodies typically contain between 0.4 and 1.0 percent copper in concert with smaller amounts of other metals such as molybdenum, silver and gold. Porphyry deposits are massive, and extracted by open pit mining"

" A high grade to a low depth can have far less value than a mediocre grade consistent through a deep core"

"The largest, most profitable copper mines have been open pit mines. Of particular importance, in an open pit mine is a resource that is relatively close to the surface"