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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: Interesting industry news- 1) Copper Mountain updates economics 2) Noront bidding war!
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So if I get this right, they have a 2012 FS with a NPV (8%) around 543M CAD + exploration projects.

Market cap is currently at $605M CAD....

...and any buyer would still need to find another $600M+ CAD for capex.

MoneyK

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