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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: Re: BFS Reviews

Sep 25, 2012 06:30PM
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Sep 25, 2012 06:45PM
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Sep 25, 2012 06:57PM
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Sep 25, 2012 07:03PM

I think the emphasis on Newmont is unfounded. Matt Bender has worked on numerous projects related feasibility. I cannot find any evidence that shows Newmont is involved. Matt seems to be only selected to work for us since he was onboard with the PFS. So he is familiar with Schaft Creek.

He worked for Samuel Engineering previously, which judging from their MickeyMouse website isn't as focused on mining as Merit Consulting is. Matt is just hired by us as OUR independant consultant going forward. Maybe checking Merit's work, who presumably is hired by Teck.

IMHO, only Teck is working with CUU right now. It makes no sense for them having another nose poking around assumed negotiations. Let these "independant" consultants oversee the work, sign off on the final draft of the BFS then release to the public with a NR.

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Sep 25, 2012 07:34PM
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Sep 25, 2012 08:12PM
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Sep 25, 2012 11:30PM
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