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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: PEA writers should include an IRR and NPV using "Teck's mathematics"

My understanding is that most of this "inferred" for Schaft Creek is outside the starter pit and will be mined many years down the road.  Don't get me wrong, there's probably additional value there, but when you discount the delta back to present value, I don't think the impact would be that significant.  This being said, speaking several times with the office, Copper Fox is well aware of how Teck does things and pretty confident they would negociate accordingly.

MoneyK

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