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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: The patience of Job

"Yes I can think of one scenario. Don Lindsay says to Elmer; "Teck will give you your full asking price ... so long as you drag this out until 'xxx, xxxx' and keep secret the BFS results and Mira report".

Perhaps a reason for this would be Teck's desire to resolve NovaGolds decision to get out of Galore first. If Teck (and a partner?) wants to pickup NovaGolds 50% cheap and own the whole district, I doubt they want to show their hand with Schaft Creek just yet. I believe NovaGold wanted to have their 50% of Galore sold by the by the end of the year.

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