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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: Armchair Director
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I agree Vette, they shut it down because they have what they need. Personally, I would have loved to see $50-60 million worth of drilling, and hundreds of holes with good grades in the new zones. We could have been talking hundreds of billions worth of metals proved up ... maybe, if it all matches up.

The unproven zones are definitely worth "something" - just not as much as the proven zones, by any stretch imo. Management must have good reasons for cutting off the drilling now. My guess is that a deal is largely done, and it is satisfactory to all involved.

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