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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: What to do?

So does a guy buy some shares now trying to lower cost base? Or wait for the drilling results. If the results are ok, I don't see the sp moving, another non-event as no one is really watching anyway but at least takes some more risk off the table.

Or the results aren't as expected and we get a further drop with this being the last straw for most and head for the exits.

If the results aren't there, it may be moot as I don't see an offer coming without significantly increasing the size of the pit.

Thoughts?

thanks.

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Nov 11, 2013 03:20PM
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