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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: Boards Opinion On Timelines And Catalysts

They put together somes sort of exploration programme for Arizona.

Don't you think it is odd that the Arizona properties were purchased and yet we've had nothing to promote it or describe it on the website? I had thought Arizona was bought so that if Teck took all of BC the company would still exist with a project, or if Teck only took a percentage, then the Arizona project would give the remaining assets some heft. After all, they might need an ongoing story for raising funds. Why doesn't it even have a page on the website?

Cuu will let them hold the Liard shares till they make a decision.

We probably will pass through that early March deadline without any notice. Teck doesn't have to say anything, if we read the contract correctly, if they don't make a decision within the 30-day review period then the feasibility as delivered is automatically bankable. Then what happens though is unclear because you would want Teck to put a release of some sort in writing duly noted by lawyers. I could imagine that taking some time, and then we would be near the end of the 120 days anyway.

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