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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: Teck questioning Fort Hills

using these figures and .10/lb I get $1.20 for shaft plus whatever we can squeeze for potential of the underdrilled areas.

The whole package appears to have a value of about $1.65 plus potential.

How in h-ll did we ever get fixated on $3-5 back in 2011..what kept David McD buying up to $2.64.. How about Stiffel Nicholas buying up to $2.74

How things can change..The above figures are still an excellent opportunity for new money but, tough on folks that can't take advantage of the current low prices....chunky

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