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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: Help Wanted: Canadian Federal Persuader-in-Chief

I was thinking about this BC Hydro thing some more and Hydro is probably going to need a lot of money after this study is completed and approved before they move on to the next stage. There was also talk of getting the initial mines to make a capital contribution. I'm not sure how that discussion has been progressing.

My point is, in terms of deadlines, how does Teck hold onto their position in the que if they don't have an EA or haven't made their decision yet to go forward with SC? Or, do they pay what might be a substantial sum of money to BC Hydro to hold that position and build the power to SC on the assumption that one day they will mine that property?

Schaft Creek is only viable with that power line. It would be catastrophic to lose that option because the costs would be too high otherwise.

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