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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: Re: OH the "PAIN"
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Feb 10, 2016 11:42AM
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Feb 10, 2016 02:18PM

I don’t know how much time you spent investigating differences and similarities vis-a-vis Galore Creek and Schaft Creek, so you may not be aware that you wouldn’t have to build a 12-kilometre tunnel through a mountain in order to get Schaft Creek going. Neither does Schaft Creek share the environmental concerns that Galore Creek has to deal with in being part of the Stikine watershed. There are probably other factors which set Schaft apart from Galore - comparative degree of First Nations involvement in the development of Schaft would be a reasonable guess.

I’m open to correction on any of the above and I concur with Prospekt on the possibility that upcoming news is such that we’ll all feel royally screwed but it seems to me that you’re overdoing the negativity, even taking into account your posting record. I see you've got back-up. Not a surprise.

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