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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: Warrant Extension
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Mar 26, 2014 04:43PM
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Mar 26, 2014 05:48PM
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Mar 26, 2014 05:49PM
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Mar 26, 2014 05:51PM

This was one of the few PP's/warrants that outsiders were allowed to participate in. I for one took advantage of it a year ago and I think it shows real class by the Company to leave open the reward for supporting our Company for another year.

Yes, it does show some consideration for those shareholders who participated. I had forgotten there were more buyers than just EE.

Unfortunately, it also makes it less significant overall because it appears to be more of a good-will gesture towards those participating in the PP, rather than a determination by EE to have his warrants extended. It would have been better to think that EE anticipated buying those warrants at $1 within the year and that he would make a profit shortly thereafter.

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