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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: Expectations - MES
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MES
Mar 07, 2013 10:15PM

I'm sure there were more folks who talked to the Booth at the PDAC but, like me, are reluctant to share info because 1) Management was mostly non-specific; (2) many on this Board don't believe what is reported anyway and put their own spin on it; (3) management said they prefer that shareholders call directly for information to avoid mis-interpretation and just plain mis-information and speculation; and (4) if management knows you won't publish their conversations with you, there is a better chance of getting more intel.

For what it's worth, and if it makes anyone more comfortable, I'll put this forth, knowing many will call it a tease and scold me for not sharing. But it might relieve some anxiety for a few considering most of us have a very serious investment here that will have a reasonable degree of impact on our lives, and we aren't getting a regular dose of calming news showing how bright and basking the light will be at the end of the tunnel and that it is not a train.

I attended the PDAC show over 2 days with an extensive list of questions and had several lengthy conversations with Shane, Jason, Mike and Elmer and the Teck and Boxxer booths. In my reading of it, the over-all mood is optimistic, there will be no immediate pressure on Teck because it is a $3B+ decision for them (how many of us analyzers have been involved in that process?), there is an on-going process and a deadline, there are many options and no-one knows for sure at this point what door will be picked, EE is very shrewd and the group wants fair value, it's business as usual until Teck affirms, which includes planning a large 2013 drill program and we are keeping all doors open which includes talking with others.

Sorry, not much to chew on and no specifics to publish but my over-all impression is we are in good capable hands, we are in a strong negotiating position and ... most importantly - I am very pleased with my investment after my PDAC visits. Call the Company.

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