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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: Last Drill Location?

I tend to post and read periodically whenever I have the time to invest. So I may have missed the answer to this question.

Does anyone know the location of the last drill that was sent up but only to be called back and cancelled?

I think if the board is speculating on current movements behind the scenes, then this would give a clue about what may be happening outside the BFS completion.

For example, if the drill was sent to zones outside the option agreement then Elmer may be actively negotiating all properties for a buyout with CUU continuing in AZ only. However, if the target was Discovery again, ES, or Mike. Then we could expect a deal for immediate properties with Elmer moving forward with a new exploration deal to prove up the remaining regions.

If its true that the BFS is still being extensively worked on then I cannot see a deal being announced this week especially after the Drilling "now you see it, now you dont" move happening so soon. It takes months to hammer out a deal for a property of such magnitude. However, if the BFS is on time and released this week and then expect a offer announced for a buyout in the near future. Teck will never pass this up.

Hoping to see the SP jack up to a new normal after a BFS release, at least double what it is now.

Thoughts/Answers?

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