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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: U.S. Copper imports

Here is an interesting quote I just read from a monthly newsletter by Greg McCoach I am assuming that Canada although at a smaller scale, is in the same boat. I never realized that their are very few large scale copper (currently producing) mines in North America. The assets at Schaft Creek should play a major minig role in the future.

"From a strategic thinking point of view, the U.S. is now an importer of copper instead of an exporter of copper. Forty percent of our copper now comes from overseas."

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