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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: Molybdenum Price Forecast

Here's just a quick mathematical justification of my spitballing conclusion.  Yesterday we were discussing the PEA formula where for every one dollar increase in moly Schaft Creek's NPV goes up by $40 million.

So at $300/kg moly or $136/lb you have you have a $126 dollar rise from the $10/lb used in the PEA.  126 X $40 M = US $5 Billion increase in SC's NPV

Thats just for the moly, which does not represent 25% of SC payables, so with the other metals tripling you'd have more than $20 B total NPV.  So we wouldn't even need a triple in metal prices. 

JMHO

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