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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: Elmer response: CEO's thoughts/opinions

Relax? why? Do You think I made a farfetched statement? Expand on your thoughts.

I have to disagree with you JJ.

What is your opinion on a buyout price for Copper Fox's 25% ownership?

Transaction prices represent the value of the deposit.

I asked Elmer about Schaft Creek's "Monetary value". He then says in his reply he is not allowed to comment on that but I believe he offers me a hint to look at "comparable transactions for large copper projects" to understand the potential of what Schaft Creek's monetary value could be.

An example: I am referring to the monetary value of Schaft Creek, not CUU's 25%. So if we use the examples I provided as did Vette in his previous posts, they were sold between 1.2 to 5 billion dollars. That monetary value represents the property/deposit's worth, and Schaft Creek is worth more. So say as an example SC in total is valued at 6 billion....25% of that value is Copper Fox's portion.

Lets all wait until the new BFS/resource estimate comes out to determine our "monetary value".

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