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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: Seeking Alpha Mention

There is no switch in plans as Van Dyke is another iron in the fire. Schaft Creek is still the project at the most advanced stage. I'm not aware of anyone using spot prices for the economic analysis. Typically it's a long term average although most companies will wait now for a change in the downward price trend before commiting to a mine. While it's interesting to read these reports they usually turn out to be another drive by analysis.

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