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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: Copper outlook

Jessica Fung on BNN expects coppper at $3.50 in 2015. Interesting factoid is that miners in South America spent over $30 billion CAPEX over the past 10 years and no production growth. The mines there are getting old, so that is a good story for our district story.

http://www.bnn.ca/

go to: Evaluating Copper Prices [06-13-13 11:30 AM]

and time fram: 06:30

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