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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: Warrants in the money!
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"....TECK will make money on our 25% and come out ahead, imo."

Bingo. With the ownership structure of CUU this is making it difficult for Teck to get the best deal for them. I've wondered if getting all the numbers together and agreed upon is part of the delay and the fact that they have to essentially deal with EE is the other part of what is dragging things out.

K

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