It's called a METC, the BC gov't gives a rebate to co's working in pine beetle killed areas. It's $4.3m, plus the over a million in the treasury, add in the fact all 2014 work has already been paid for and your good for a while, able to survive and let your partner work away. CUU's PAC account is up to $11m, so the claims are in good standing for a long time, and with the cash CUU does not have to dilute its 42% ownership when Carmax does a financing, CUU can also use the PAC to keep Carmax's claims in good standing.

All in all CUU is in good shape to ride out whatever is left of this bear market.

ttfn

nopoo2

Rick Mills