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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: Wheel and deal

My personal estimate was on the order of $ 500k cash, which is not bad pay for a few click strokes on the computer. Anything more then I'd say no to the NSR and stagger the payments. I don't see how the other party could generate more cash in any reasonable amount of time if they kept the property. I'm sure the MTO would accept a joint deal if presented before a decision. However, if any of the parties is stubborn like a prospectors mule, this could drag on in the courts for a long time. It comes down to who has the most leverage and if both parties are reasonable.

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