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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: Some other things I know....

Effective May 2014 Jason Shepherd is no longer the Investor Relations person for CUU.

Apparently Elmer thinks the company has grown too large now with SC, AZ and Carmax and they need a bigger firm. They have been speaking with a company based out of New York.

That's what I heard, but I kind of wonder if the company in New York is actually the company that will be hired to sell Schaft Creek. We have been told that they will have to hire someone to do the eventual negotiations, or sell it to someone besides Teck if Teck is not buying.

Someone in the office told me that they expect the Production decision from Teck before we sell. This surprised me, but what do I know? That same person anticipated this decision by next year. I'm still holding out for a sale in the Fall once Teck pulls together the optimization studies.

An actual sale could take a long time and we probably won't hear anything during negotiations.

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