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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: Here is another recent PEA from Golden Minerals

Nobody really cares if they use 0%, 5%, 8% or 50%.

What's is most important is: what percentage of these values is the industry willing to pay.

They could pay 150% of NPV (8%) or 50% of NPV (5%), which would end-up being the same.

MoneyK

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