Reading thru the latest financials, two items that caught my eye were

"optimization studies completed to date are similar to that set out in the feasibility study on the Schaft Creek project prepared by Copper Fox in 2012"

and

"Teck as operator of the SCJV, has delivered a draft 2016 proposed program for the Schaft Creek project. The proposed program is under review and will be announced when approved by the Management Committee of the SCJV. "

So it seems that the optimization are very simular to our FS of 2012 and that we have received a draft of our 2016 program?

I am hoping that there was some leaks on the 2016 program that may have resulted from our recent run up with heavy volume. Let us hope that when it is announced that our share price will get back on track.

2015 Highlights • The Schaft Creek Joint Venture (“SCJV”) completed among other things; diamond drilling, core re-logging and continued the optimization studies commenced in 2014. The results of the optimization studies completed to date are similar to that set out in the feasibility study on the Schaft Creek project prepared by Copper Fox in 2012, • The SCJV increased its equity ownership in Liard Copper Mines Limited from 78% to 85.5%, • The PEA is the first National Instrument 43-101 Technical Report prepared on the Van Dyke InSitu Leach (“ISL”) copper project. This study suggests that the Van Dyke project has low cash costs, strong cash flows and an after-tax Net Present Value (“NPV”) of $US149.5 million and an Internal Rate of Return (“IRR”) of 27.9%, 2 • The PEA on the Van Dyke project recommended completion of a pre-feasibility study that includes additional diamond drilling and an in-situ pilot leach test at an estimated cost of $US16.6 million, • Copper Fox increased its equity ownership in Carmax Mining Corp., to 65.4% thereby increasing its metal ownership from this project to 433 million lbs. copper, 14.4 million lbs. molybdenum and 173.3 ozs gold. Carmax owns the advanced stage Eaglehead porphyry copper-molybdenumgold project located in northwestern British Columbia, • Exploration identified a large chargeability/resistivity signature (typical of porphyry copper deposits) on the Sombrero Butte project, and • The Mineral Mountain project provides the Company an economical, early stage entry into the Laramide porphyry copper province in Arizona; one of the most prolific copper districts in the world. Pursuant to the SCJV agreement, Teck as operator of the SCJV, has delivered a draft 2016 proposed program for the Schaft Creek project. The proposed program is under review and will be announced when approved by the Management Committee of the SCJV. Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company’s non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.

R