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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 slashes dividend...
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There are always options for the water rights(ex. sell to someone who has them, buy them off someone else, etc). But until it is known how much water is going to be needed how can you worry about it?

Likely the water numbers won't be locked down until say FS.

For now all one can do is discount the value of the property until it is figured out.

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