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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: news update
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Mar 19, 2014 01:45PM

Teck's plans are in line with what I was expecting. Things are progressing but certainly not quickly.

I can't see the market getting excited about our plans. It appears to me that we will continue to drift lower over the next few months.

I can't see our SP going higher until there is a NR that the optimizations will improve the economics of the Feasiblity Study. New investors will look at that FS and say "this doesn't look that exciting" whereas long time investors understand the potential of the improvements. I wish there could be an actual plan to have a NR to move the 171MT waste rock away from inferred as the economics of that alone is huge. Just some plan to demostrate to the market that this is really much more exciting that FS shows.

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