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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: Tech history?

Feb 18, 2012 09:54AM

I started some research on this very topic last weekend. I started my research by looking at other juniors that currently have opt in agreements with Teck. I was actually surprised, there are quite a few (ncq.to, llc.v, ccy.v, rez.to to name a few). There are even some that might have Teck back in this year as well, just like CUU. Each agreement is fairly different than the one that Teck has with CUU and takes a fair amount of time investment to gain a handle on. I never got around to looking for companies that Teck has completed agreements with - I didn't find that information readily available.

My intent was originally to post "features" on some of the other juniors, however, as I spent more and more time on it, I realized that despite the logical relationship in common with Teck, it would be too off topic for this board. Also, while I appreciate the "next investment" type discussions (I too am obviously hoping for a great outcome for us all related to CUU), I don't want to come across as a pumper (which we have seen with the fairly constant mentioning of BXX). While I currently have great faith in Elmer, I don't think any success he has with CUU will automatically repeat itself with BXX, Elmer isn't putting the copper in the ground himself afterall. My intention is to not bash BXX, I am still in the process of researching it.

Good luck to all, and hopefully we see some nice activity in the coming week.

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Feb 18, 2012 01:28PM
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Feb 18, 2012 01:30PM
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Feb 18, 2012 02:54PM
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