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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: JV News
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Feb 06, 2015 05:13PM
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Feb 06, 2015 05:23PM

Not trying to add speculation, but it is also interesting that Michael Smith sheltered 500,000 shares in his private corporation last week.

I think it has been long enough as well. Maybe Teck didn't like the way the NR was written and asked for changes?

Mike wouldn't have been able to move those shares around though if he was in possession of material information. This would seem to indicate that nothing material has changed. He did that insider trade on February 2 so well after the JV meeting.

It's possible Mike, as a Director, would not know the information from the JV meeting but I think they are too cautious to even have it look suspicious.

Teck is coming out with some news on February 12th so if there is anything important they might coordinate to that date, but I agree with the thought that we'll have it on Tuesday. I hope it is delayed further though because it does seem more important when that happens.

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Feb 06, 2015 09:26PM
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Feb 06, 2015 09:32PM
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Feb 06, 2015 09:34PM
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