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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: My thoughts of Schaft Creek's NPV, Mine development

Thanks YM for your post. To your Point No. 2, let us remember that we did negotiate a right of first offer with Teck. This could make things heat up and get interesting if there is any sense that there is any feet dragging. This will be particularly true if another suitor makes an offer in the interim.

I think things will be a whole new world if we can expand the resource/mine life with the announcement of favourable results.

Who knows...perhaps TCK is facilitating a suitor to take out the CUU portion. Anything could happen.

GLTA. SF

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