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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: Teck wants more Liard shares?
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Dec 11, 2015 10:27AM
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Dec 11, 2015 10:41AM
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Dec 11, 2015 10:52AM

"Maybe this is beeing setup prior to a Production Decision announcement. We might get our next 20mil."

I think you might be right. With Liard holding 30 percent of the net proceeds of the entire project, it really makes sense to grab up as many Liard shares as possible before anything is announced. After seeing that $400,000 loan to Carmax, I thought my drunken sailor theory had just been proven true so maybe there is some money coming our way. Any plans for work at Schaft Creek in the spring would have to be contracted out soon so we should hear something within the next month or so. Sure beats that nasty little Christmas present we got from Elmer a few years ago!

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