I guess we disagree about the value of the VD deposit. This should be sitting at 70 to 80 cents right now.

- We have 1.1 billion lbs of copper in the deposit, being sold at an average cost of $3.15 USD/lb

- Cost of extraction is $0.98 USD/lb

- That's 2.3 billion US dollars worth of copper

- Mine costs will be paid off in 2 years.

As others have pointed out:

- costs are in US dollars not Canadian

- 30% of the intial capital expenditure is set aside as a contingency

What am I missing?