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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: also Julius barring

"Julius barring also states when a company can purchase a deposit for 10% in situ value they should buy every pound they can get and sell when markets justify 80%. In Canadian dollars looks pretty good. Some any lists are calling for 3.55 per lb. Copper exiting 2015 and 4.00 exiting 2016. In better markets this could fetch 20% in situ value. Were would that leave us?"

Im confused, who would pay 80% for in situ. How would anyone who bought it make money on that. 25% is extreamly high, as you still have to do all the "real work" and dig it up and so forth.

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