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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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As of right now Van Dyke is the project to look forward to, thats why the CUU webpage was changed. So for expectations, the Van Dyke drilling news is the only real development to expect for this year.

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That is what concerns me. Even if we increase the value of the Arizona properties 20 fold above the 2 million we bought them for, its only good for 10 cents a share (or 20 cents with a 40 fold increase). Arizona isn't going to bail us out IMHO. With 400 million shares out we need so much to happen to make a dent in our losses. If the properties were really worth the several hundred million we need them to be - they wouldn't have sold for only 2 million.

Other copper producers in the area know the territory best - and they didn't snap it up for a measley 2 million. They are already in the area so it makes good logistical sense plus they could make use of synergistic efficiencies... That no one wanted it at that price speaks volumes, and no matter how hard we try to dress them up I think they are just a vehicle to keep key individuals employed.

I wish we could forget about Arizona completely and hibernate until Schaft Creek becomes a reality. I would cringe to be looking at further dilluton in years to come because we were not frugal.

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