Don't know if we can use Detour Gold for a comparison very easily, even though we have very significant gold too. Their capex was $1.45 billion and they were still on target for this back in April 2012. Our capex will be higher than $4 billion very likely, or creeping up towards $5 perhaps depending how big the mine plan is.

Cash costs of around $710 an ounce so that has to be figured in against CUU's cash costs for gold. Maybe we need to be looking at CUU increasingly as a gold play and evaluating the cost per oz of gold more.

The fact that a mine is so far out of production leads me to think we aren't going to get the same value as a near production, massive gold operation (no idea when Teck or whomever else is actually going to start building it, let alone commence production). Realistically, it could be 2018 before any concentrate is trucked down from Schaft Creek to Stewart ... or sooner, but I'm not seeing the urgency yet that says this must start getting built right away.

$27 a share is great, but they only have 134 million shares fully diluted and all of the project.

CUU, definitely still undervalued in my mind, but higher share count than Detour, we own less of the drilled out deposit, have a significantly higher capex, and haven't even started to build a mine. I'm not sure how to compare the two easily, although I wish we'd get some more attention here.

I'm not sure the BFS is going to make a splash in the general markets, unless the number are really good. If they are good, then up we go based on some great economics for our deposit ... but will still have to wait on the Teck decision for full value imo.

GLTA