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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: I visited the CUU booth at PDAC today but…

But will Teck let that happen....no so sure.

That`s the big question. If I were Teck and if I felt that there were alot more resources that can be proved up I would buyout Cuu completely ( plus district ) and spend at least 30m on an exploration program this year to upgrade the Paramount, 171M tons etc. and then sell 50% next year to another partner. If they find another SC size deposit they would come out way ahead and perhaps even walk away with no out of pocket money to acquire SC. This is a gamble but imo a worthwhile gamble. All the data that ES has suggests there is another SC sized deposit to be had on this district. That`s why I think we would be crazy to give this away for $2/sh.

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