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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: Japanese trading house Mitsubishi could cede part of its stake in coveted Chilea

Ahh....this story is getting interesting....

http://www.miningweekly.com/article/mitsubishi-to-help-defuse-anglo-codelco-row---sources-2012-07-12

Is this the same Mitsubishi that battled and paid nearly $1 Billion for 18% of the 1 Billion tonne (including inferred BTW) Quellaveco in Peru...why yes it is...

(reminding you all we have 1.8 Billion tonnes in Canada, with all the other +++++)

So while you read the above, make sure you follow up with this:

http://www.vette350.com/2012/07/in-latin-america-nationalism-stumps.html

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