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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: SC PFS (2008) vs. FS (2013) and possible FS/PEA (2021)
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Before the recent gold run-up, they were expecting to use something around $1300 US for gold. 

For my assumption, I checked the 200 day moving average for gold and it was around the 2013 FS level, so decide to keep the same.

Gold at $1600 would probably add another 250M-300M.

IMO.

MoneyK

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