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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: TECK and CCY
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Mar 04, 2013 01:21PM
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Mar 05, 2013 09:59AM
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Mar 05, 2013 10:22AM
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Mar 05, 2013 10:38AM
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Mar 05, 2013 11:14AM

It is pretty hard to think that we really worked hard last year when we only drilled 5 holes and stoped in the middle of the summer with so much potential left as... potential.

Elmer may be playing for a Teck walk away by leaving so much mystery in the environment of EE's support. EE might have a longer time frame than us.

Another theory is that maybe ES didn't think that any new, drilled/proven zones would fetch the kind of premium that one could expect if the Jr market was in an upswing and wants to save the effort for a better market situation where that value would be recognized. Kinda feeds back into my working theory that ES wants to unzipp the northern areas after the dust settles on the teck earn-in/buyout step we are now in.

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