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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: CUU equity vs market cap
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Jun 19, 2012 03:06PM
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Jun 19, 2012 05:05PM
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Jun 19, 2012 08:03PM
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Jun 19, 2012 09:47PM
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Jun 19, 2012 10:52PM

You can't divide Schaft Creek like a cake, so Teck would be (with their own money) upgrading the value of CUU's 25% by spending on on it's 75%...

Teck would actually have to pay more for us after spending their own money on their 75%, because it would indirectly bulk our value.

For that reason we're gone before they start spending anything and we all know they would have to start the day they back in to even dream of putting Schaft Creek in commercial production in time.

All this while not having control or voting power.

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Jun 19, 2012 11:16PM

Jun 19, 2012 11:32PM
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Jun 19, 2012 11:45PM
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Jun 20, 2012 10:09AM
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Jun 20, 2012 01:01PM
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Jun 20, 2012 01:49PM
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Jun 20, 2012 03:01PM
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