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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: Timelines
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Jan 30, 2014 06:03PM
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Jan 30, 2014 09:38PM

You mentioned Teck doing the work necessary to support paying a price that EE wants for our 25%. What necessary work are you referring to? In my opinion It's the future drilling program, and the results of that program that determine the price that EE gets for our 25%. I personally don't see a buyout price being discussed at the stage of the game as we have not done an extensive drill program, so there is still too much uncertainty for the two parties to meet over the bargaining table over the remaining 25%. Just my opinion of course.

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Jan 30, 2014 11:30PM
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