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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: BFS Date
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Jan 24, 2012 09:09PM
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Jan 24, 2012 09:25PM

What is the hold up? Why do some think it won't be out till March? That seems like an awefully long delay.

Yes it has been..but we're in the 9th inning. The company has stated in Q1, so Jan, Feb or March. They would really want it befoe the PDAC (March 4th). So this would leave us about 1 month max as Feb starts next week.

Revising all the notes people took from the show regarding BFS date:

* BFS - smiled and said yes, the plan is for it to be done this quarter. There have been delays, but I tend to believe Elmer on this.

* BFS:They are obliged to release the BFS ASAP to the public once CUU & Teck have read the report.We should not expect a prolonged delay in the release.Elmer still heavily emphasizing a Q1 release.The BFS NR should be a complete detailed “summary”.Based on the description Mike gave it may be very similar to today’s NCU report.

As we wait we will be receiving all the remaining assays (10 holes).

The private intensive Whistler show is also in Feb.

And who knows..maybe a big player will show up and decide he wants 5 million shares......

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Jan 24, 2012 11:36PM
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Jan 25, 2012 12:06AM
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Jan 25, 2012 10:04AM
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Jan 25, 2012 01:03PM
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