Re: I'd be shocked if the LT copper price used for Schaft Creek is below $3.30 per pound.  

Should we be that excited about the copper price reaching record highs because the PEA will be based on some form of long term pricing like the $3.30 that MoneyK suggested in his post?    Maybe the high spot of copper helps in negotiating the price - for example, instead of paying 50% of PEA , CUU now wants 75% of PEA?   Or perhaps, it is motivation for buyers to make a decent offer now instead of later?   

Just wondering?