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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: Level 2

Panic is setting in.

We have been near $1.00 a few times this year. All those pounds in the ground didn't start to disappear because we lost 10 or 20 cents on the share price.

For all we know, Teck may take all 120 days after the BFS is released. This sale may not be complete for quite a while yet.

There could be plenty of time for share price movement.

We don't know about any of that.

We do know what's been discovered at Schaft Creek.

We do know that PFS showed mining a pound of copper could be done very profitably.

We do know BMO has recalculated that using updated date, and while it wasn't as impressive, it was still negative (-4 cents per pound).

We do know that Elmer has brought five mines into production.

For those reasons I am not sweating a temporary dip in the s/p.

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