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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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Re.  I don't feel this PEA is very aggressive.

I agree with you on the metal pricing. $3.50 copper seems to be more reasonable. The molybdenum price of $10 pound almost seems to be a joke as that is closer to the lows of the last 5 years. It is currently trading about $20 pound.  Silver is on the low side but won't make much difference. 

The metal recoveries seemed to be quite low.  Is my memory off?


Are there other areas where you feel that they could have been more aggressive?

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