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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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YM, so far it has taken Teck14 years to decide on the buyout of SC with millions invested. Also the initial 75% was due to the repurchase agreement which implies Teck was the previous owner of SC. If teck was in the business of acqiring mines on assumptions, CFM would'nt be in the picture. Teck let CFM risk the 200m before repurchasing the 75%. And as we all know it's taking forever for Teck to squeeze out a mere 600m to buy the remaining 25%. Now all of a sudden Teck is going to spend 300m on unproven properties to increase SH value?...I don't hink so.. You mentioned the key words..High quality copper projects...I don't think unproven assets qualify as ..High quality copper projects...

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