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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: The bulk of Mr. E's stock
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Jan 07, 2012 04:23PM
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Jan 07, 2012 04:28PM
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Jan 07, 2012 04:36PM
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Jan 07, 2012 04:53PM
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Jan 07, 2012 07:16PM
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Jan 07, 2012 07:17PM
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Jan 07, 2012 07:29PM
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Jan 07, 2012 08:28PM

Why would Elmer or Ernesto for that matter, want to sell out for nothing when the drill results have not fully come in yet?

Where trying to say that these guys that we put our trust in will sell out at the drop of a hat? I think your wrong.

Elmer has kept very close eye on this, he has been doing this for decades, he knows when he hit the jack pot. When the drill results come in, we could very possibly double the size of our minerials. I for one believe this.

I also had a hard time with putting the BFS out right now when the best drill results are yet to come in. After all, the BFS is what detirmins if the mine will be profitable. Yet with our old numbers that are acouple of years old, we can harvest copper at negative 32 cents a pound. Now with securing the shiping port, hydro on the way. More drill samples to be pluged into the equasion.....We probebly will double our resource and yet only 2 % of the property has been explored !!!

So why would Elmer or Ernesto settle for anything less. We must remember that BXX is just around the corner too. If Elmer and Ernesto get enough money for their efforts, that means BXX would be that much less to worry about because the 2 E`s ( Elmer and Ernesto ) would have more than enough money to fund the project themselves if need be.

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Jan 08, 2012 09:10AM
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