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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: While we wait

Elmer is familiar with this mine. We have about a 10% better overall mine than the do. You need to read the technical papers on them to understand. Even such things as why they switched from a bacterial process back to a simple flotation. And, on that subject we are using a higher end process. I could rip you a new one on the comparison but I think you already know why we are so much better. I'll be happy to debate it on Tuesday.

I would suggest you call IR or Elmer and discuss it. It is a reasonable deposit bu simply not in our class. It is in fact a B class. Do a side by side for years on high grade and you'll get my point without getting into the technical details.

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