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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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The $10M figure for 2012 exploration is for the entire field season so we won't need this cash all at once and much of it towards mid summer. The Warrants are a plausible source of cash.

Would a blackout of Ernesto mean that a loan is out of the question? Just thinking randomly.

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