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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: If Elmer Retired

My guess is IF a SC sale ever did happen, the majority of us will get a little bit hosed... Let's say it was sold for 500 million.  I'm willing to bet the company will give us a dividend of perhaps half... Which is total BS and say they need 250 million to drill, test, studies, blah blah blah of the remaining properties.  Fudd may retire, however he will either stay on as the board chair and/or private contract back to the company for probably 300 to 500/hr.  He will want to take 40 to 50 percent of the remaining 250 million for himself.  Lots of older folks are working well into their early to mid 70s just out for sheer boredom, not cause they need the cash.  All he knows in life is geology and private placements, so he will def come back in some sort of capacity in order to milk more money from us.  This time it will be by holding back large sums of the SC deal which should have gone to us... That is to say if he were to retire, he may just stay on after a SC sale, but alas, not a single sale has ever taken place in the history of his career, so this is really as u say... Winged pigs...

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