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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: Teck news- time to focus on SC now!

I've wondered the same thing Spitfire. But if you look at the slides, Schaft Creek already has a 2013 BFS under its belt. The "Scoping Study" listed in 2021 is a smokescreen that really understates the progress that has been made on SC. That slide doesn't even mention the PEA that was completed in 2021, or the optimization work done since 2013. Schaft is farther along in Teck's progress line for their Satellite Projects than is portrayed in that slide. Its a deliberate downplay, the question is when is CUU going to put the screws to Teck to make an offer?

I hope EG is right about a PFS triggering a sale...but I keep fearing CUU will happily go along with a mediocre drilling program in 2022 and it'll be Groundhog Day all over again...

K

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