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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: JV Meeting

So what's stopping them from fiddle farting around For 10 years then dropping it. I was told it was the Laird shares that protected us but Teck is the majority holder.

You mean now what's stopping them from taking 10 years? Probably nothing, except if they don't come up with at least $500K worth of work each year we can do it and reduce their interest.

I don't think the Liard shares do anything for us, or ever really did, they just give us a percentage of profit.

It would have been much cheaper for Teck to choose the earn-back option if they had big doubts. I do think that it is significant they wanted the 75% right away, and kept the Liard shares, and kept the claims in their name.

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