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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: Copper going to 3.17 possibly by end of 2016
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Seems to be a difference of opinions. Chilean govt (Cochilco) who know more about copper mining than anyone else, today say they are forecasting $2.43/lb for 2016.

http://www.platts.com/latest-news/metals/santiago/chileans-cut-2016-forecast-for-average-copper-21396722

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