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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: Re: 46! Volume and price keep climbing

I need to see how copper busts through the previous record and I'll have a much better idea.  Based on recent momo, it looks like it will pay no respect to old highs, so if so, I would guess that a year from now copper could easily be 35% higher which means it would be reaching for $5.80 or even $6/lb.  Believe it or not, $5.80 is just 35% from today's spot.

So, yes I agree, just imagine the economics then...

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