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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: New Presentation
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Jun 02, 2015 11:56AM
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Jun 02, 2015 01:39PM

Slide 16 says: base case Cu price $3.25/lb CDN, because the exchange rate used in FS was 0.97 and CU price was $3.25 USD.

On March 31, 2015 the CU price was around $2.80 USD and the exchage rate was 1.28 or so which gives a CU price of $3.58 CDN, which is 10% more than the base case of $3.25 CDN per pound CU.

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Whoops, my mistake. I own it.

You are right.

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